June 27- Intermittent Messaging Continues From Green Stocks

If green energy has to fight the challenge of intermittent energy generation, then our green energy pack has been fighting with the same issue on the markets as well this week. Most Stocks failed to establish a clear direction, even as some like Tata Power made strong upmoves in a single direction. the challenge is best showcased by EPC player KPI Green Energy, and Waaree RTL, both of which made a strong move last week, only to give it up this week, even as the broader market gained.

It’s a somewhat similar story for Shakti Pumps, which now has company in the solar pumps space with Oswal Pumps also listing with gains. It will be interesting to see if valuations for the two firms converge or diverge, considering the advantage of size that Shakti Pumps has, matched by the module manufacturing setup at Oswal Pumps disposal.

Investors will nevertheless be happy that most green energy stocks put in gains for the month, and barring any shock early next week, should end the month better off than May. With the end of Q1 in Fy26 also here, hopes are high that the traditionally strong first quarter will deliver pleasing returns to provide growth momentum for Q2, which can face monsoon linked disruptions for many firms. A slew of projects that achieved commissioning, including some that did it well before their planned schedule, proved the attraction of 100% ISTS, available for projects till June 30. With no word from the government on any extension as demanded by many industry players, the next phase of solar and onshore wind commissionings face the prospect of a lower, 75% exemption on the same ISTS charges. Though a marginal cost, it could still damage profitability projections for firms that had hoped to deliver before June 30. Keep watching this space to see if any of our green developers have been impacted by it.

List of Green Energy Stocks 

Company Name	Closing Price on June 27	Change %
Borosil Renewables Ltd	530.10	-1.17%
Waaree Renewable Technologies Ltd	986.10	-0.51%
Sterling and Wilson Renewable Energy Ltd	317.00	+1.31%
KPI Green Energy Ltd	495.75	-0.28%
Shakti Pumps (INDIA) LTD	949.20	-0.21%
Acme Solar	248.60	+0.85%
SUZLON ENERGY LTD	67.50	+4.60%
Adani Green Ltd	1,020.00	+2.82%
Inox Wind	176.00	+1.21%
Alpex Solar Ltd	1,095.00	+1.48%
Premier Energies	1,045.00	+0.11%
Waaree Energies	2,941.30	-0.19%
TATA Power Ltd	409.50	+0.95%
NTPC Green	105.99	-0.71%
Oswal Pump	693.50	+2.41%