Green Stocks June 2- Stocks Struggle For Start In June

Borosil Renewables Plunges While Most Green Stocks Record Marginal Increase

Keeping up with the weakness in May when lower-than-expected power demand led to worries for Green stocks June has brought no respite, going by the movements today. If most stocks slipped, the memo obviously did not reach Borosil Renewables, and Sterling and Wilson Renewable Energy both defied the trend to move up sharply.

With a higher share of FDRE and RTC tenders going ahead, the green industry faces a real risk from oversizing projects to meet strict FDRE requirements. As that would necessitate selling on power exchanges during lean periods, making merchant power a very important determinant of margins. Getting these price projections right will matter, as will the quality of their projects.

Quite simply, the industry has had to grow up quickly, with even promoters who got used to one-way movement on their stocks reconciling to much more steadier of slower gains from here on. That might be good news for investors in these stocks as well, or those looking to ride the green energy wave. We might just be heading into a year of consolidation when the long-term performers are separated from the rest on the back of superior operational management. The size will be favoured yet again, besides the ability to innovate and adapt to all aspects of the business.

List Of Green Stocks