Record Renewable Numbers Support Green Energy Stocks (April 10)

On a day when the government announced record renewable capacity additions for FY24, green energy stocks continued to stay strong, other than a sharp 3.3% fall in Inox Wind. Waaree Renewable continues on its merry way in anticipation of possible restructurings and a strong growth pipeline, even as SJVN seems to have recovered on the back of hopes that a normal monsoon  will support its key hydropower stations. We have received your request to track more such stocks, especially on the NSE emerge and other SME boards, but are holding back as trading in those stocks is extremely volatile, and not always a reflection of corporate performance.

The leader today was, powered by news around it’s expansion plans, and tie-up with so and so.