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Green Stocks Jan 20- No Place To Hide It As Markets Continue Sliding

Firms like Vikram Solar, expected to deliver another strong set of numbers today, would love to forget about the stock price, but for the many investors constantly reminding them about how far they have fallen from their IPO price.

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SaurEnergy News Bureau
green stocks slide

In a situation that is testing both the patience and memory of market watchers, the Indian markets continued to slip and slide, with the pain in the small-cap and mid-cap space pronounced today, with over 2% falls across the line.

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While enough has been written about the reasons for the weakness, from trade deal to currency devaluation to Trump's shenanigans, so far, Indian markets haven't helped their cause by a weaker-than-expected Q3 show in segments like IT and finance, even though the stocks in the green pack have delivered so far.     

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Firms like Vikram Solar, expected to deliver another strong set of numbers today, would love to forget about the stock price, but for the many investors constantly reminding them about how far they have fallen from their IPO price. It's the same story for other recently listed stocks, with all being underwater vis-à-vis their IPO prices, and in some cases, seemingly no amount of good news in terms of order wins apparently working to staunch the slide.

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 With the queue of firms hoping to list showing no signs of shortening, it is indeed a tough call to make for the green pack's future as well. Will they beat the market when the tide turns?  Or trail it thanks to the flood of new paper anticipated? We believe there is no substitute for performance, and some of the firms will simply deliver so compellingly that investors will have to take heed and respect the fundamentals. But for now, we are very close to a point where the fundamentals are getting ignored, which begs the question: Does the market know something that most investors don't?

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List Of Green Stocks

Company NameClosing Price on Jan 20Change %Year To Date

Acme Solar

210.95   -1.25%-9.93%

Adani Green

885.50     -3.12% -9.96%

Alpex Solar

   
771.25
  
-5.43%-0.74%

Borosil Renewables

499.20      -3.30%-3.73%

Emmvee Photovoltaic Power 

200.20-5.60%
+10.25%

Inox Wind

108.10     -3.26%-9.54%

KPI Green Energy

445.70    +0.72%-12.06% 

NTPC Green

90.55    -1.74%-2.63%

Oswal Pumps

424.75   -2.02%-17.75% 

Pace Digitek

166.70
-5.01%
-7.66%

Premier Energies

732.00   -0.94%-12.29%
Shakti Pump658.00    -4.46%-4.95%
Solex Energy1,066.00    -5.21%-9.2%
Sterling and Wilson192.54    -4.09%-6.27%

Suzlon Energy

46.56    -2.96%-8.9%
Tata Power352.95    -2.82%-4.32%
Vikram Solar214.99    -9.65%-0.23%
Waaree Energies
2,505.00   
-2.16% -13.74%

Waaree Renewable Technologies 

880.00    -3.19%-5.94%

Stock Market Green Stocks green stocks in India Indian green stocks
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