June 28: Solar EPCs Back In Limelight With Stellar Day At The Exchanges

In the stock market today, after a short gap, Waaree Renewables and  KPI Green Energy stocks rose once again to hit their upper circuits at 5%. Shakti pimps, the new favourite of punters for the month also rose 5%. The move comes after a period of consolidation, and some news flow, particularly on KPI Green, for a credit line on their 200 MW solar project.  

The biggest developer, Adani Green continued its sideways moves however, down by about 0.6%. With the pace of tenders picking up, expect a lot of volatility in the space, as order wins and project closures dominate the headlines.