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On a day when almost all Solar EPC stocks faced losses, including high flyer Shakti Pumps, wind energy stocks Suzlon and Inox Wind stood out with a strong show. Both have the benefit of a strong quarterly performance and bulging order books, making investors bullish about prospects again.
For high flyers that could barely look behind until June like Waaree, KPI Green, it seems to be a waiting period for their Q1 results that will decide their next phase of movement. Markets will be watching the results keenly, because with the kind of valuations they have, any stumble could be punished.
Adani Green Energy announced its Q1 results during market hours, and a 260% profit jump seems to have ensured a major revision upwards by over 6% for the firm.
Company name | Closing Price OnJuly 24 | Closing Price onJuly 25 | Change % |
Borosil Renewables Ltd | 560.70 | 538.20 | -3.92% |
Waaree Renewable Technologies Ltd | 1875.85 | 1782.10 | -4.99% |
Sterling and Wilson Renewable Energy Ltd | 667.60 | 656.35 | -1.72% |
KPI Green Energy Ltd | 938.60 | 920.95 | -1.89% |
Shakti Pumps (INDIA) LTD | 4514.80 | 4426.35 | -1.98% |
TATA POWER CO. LTD. | 419.75 | 423.35 | +0.80% |
JSW Energy Ltd | 684.80 | 668.15 | -2.08% |
SUZLON ENERGY LTD | 60.71 | 61.47 | +1.23% |
Adani Green Ltd | 1719.05 | 1820.50 | +6.08% |
Inox Wind Energy | 7868.00 | 8,042 | +2.72% |
SJVN Ltd | 144.30 | 141.04 | -2.38% |
Gensol Engineering Ltd | 989.10 | 964.55 | -3.27% |