Waaree Renewable Leads Gains Among Green Stocks with +5.00% rise on April 4

Waaree Renewable Leads Gains Among Green Stocks with +5.00% rise on April 4 ALMM Reimposition To Temporarily Slow Down Solar Market, Say Experts

In our new tracker for Green Energy stocks, we will bring you a daily update on key green energy stocks and their price movement on the Bombay Stock Exchange. It’s a sector that deserved to be covered, not just because of the hype and visibility that has taken many of these shares to lifetime highs, but for the real impact the fate of these firms will have on India’s national goals. Sentiment is a reigning part of the mix for these green stocks, as the markets bet on continuing support from the government as well as the imperatives of the climate commitments to ensure these firms have a good run and a high premium over the broader market valuations. So much so that large developers like Renew must be ruing their listing at NASDAQ through the SPAC route at that, seeing  the valuations peers and EPCs are getting in India. Expect more and more cleantech firms to hit the markets as well in the future, a situation far removed from what existed just a few years back.

Company name Closing Price On April 3 Closing Price on April 4 Change %
Borosil Renewables Ltd 547.80 539.70 -1.48%
Waaree Renewable Technologies Ltd 1626.90 1708.20 +5.00%
Sterling and Wilson Renewable Energy Ltd6 537.85 527.45 -1.93%
KPI Green Energy Ltd 1670.10 1663.75  -0.38%
SHAKTI PUMPS (INDIA) LTD 1488.70 1484.95 -0.25%
TATA POWER CO.LTD. 412.15 414.05 +0.46%
JSW Energy Ltd 581.05 583.60 +0.44%
SUZLON ENERGY LTD 43.49 42.75 -1.72%
Adani Green 1879.55 1893.00 +0.72%
Inox Wind Energy 5944.60 6010.00 +1.10%
SJVN 133.35 131.95  -1.05%

The leader today was Waaree Renewable, a stock that has been locked on the upper circuit for almost two weeks now, even after it’s 5:1 stock split .

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