May 14- Renewable Pack Outpaces Market Recovery

May 14- Renewable Pack Outpaces Market Recovery No Upward Mobility Of Indian Green Stocks Today

On a day that the market recovered somewhat, green energy stocks easily outpaced the market recovery, save for Waaree Renewable Technologies, which remained locked at the lower circuit breaker of 5%. KPI Greem Shakti Pumps were both locked at the upper circuit, exhibiting the strong demand still around for these firms. Adani Green, Tata Power and JSW energy all gained over 4%, with even the wind energy players, Inox Wind and Suzlon making smart recoveries during the day. The message is clear. As long as the market stays buoyant, green energy stocks will remain at the forefront.

Company name

Closing Price On May 13

Closing Price on May 14

Change %

Borosil Renewables Ltd 495.30 489.00 -1.27%
Waaree Renewable Technologies Ltd 2435.80 2314.05 -5.00%
Sterling and Wilson Renewable Energy Ltd 689.40 723.85 +5.00%
KPI Green Energy Ltd 1790.15 1879.65 +5.00%
Shakti Pumps (INDIA) LTD 2273.25 2386.90 +5.00%
TATA POWER CO.LTD. 411.80 431.40 +4.76%
JSW Energy Ltd 574.30 600.90 +4.63%
SUZLON ENERGY LTD 39.00 40.14 +2.92%
Adani Green 1715.05 1791.95 +4.48%
Inox Wind Energy 6868.50 6890.00 +0.31%
SJVN 123.50 129.80 +5.10%

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