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Order Wins, Strong Results Propel Green Energy Stocks on April 22

Our renewable energy pack of 11 stocks continued on their merry way with yet another day when just 2 out of the 11 failed to beat the market

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Chitrika Grover
Green Energy stock prices on April 22 at the BSE

The renewable bandwagon continues on its merry way, with just two out of the 11 stocks in our basket, ironically enough, the largest firms by revenues failing to rise along with the market today. Whole Tata Power and JSW Energy missed out, for KPI Green Energy, Shakti Pumps, Inox Wind Energy and Waaree Renewable, a combination of strong results, order wins and general momentum ensured they hit the 5% upper circuit filters today. Sterling and Wilson Renewable did one better, rising 10% as the firm turned the corner with profits in the Q4 quarter, and now looks set to build on a strong order book and demand environment for the next few quarters.

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Company name

Closing Price On April 19

Closing Price on April 22

Change %

Borosil Renewables Ltd515.05519.40+0.84%
Waaree Renewable Technologies Ltd2380.202499.20+5.00%
Sterling and Wilson Renewable Energy Ltd561.05617.15+10.00%
KPI Green Energy Ltd1735.351822.10+5.00%
SHAKTI PUMPS (INDIA) LTD1606.601686.90+5.00%
TATA POWER CO.LTD.428.00427.80-0.05%
JSW Energy Ltd626.35610.40-2.55%
SUZLON ENERGY LTD39.4140.87+3.70%
Adani Green1770.751795.00+1.37%
Inox Wind Energy6142.856449.95+5.00%
SJVN124.20128.70+3.62%
Sterling and Wilson Shakti Pumps Stocks Inox Wind energy Waaree Renewable Technologies KPI
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