July 14- Green Stocks Seek Higher Levels On Positive Day

With both the Nifty mid-cap and small-cap indices seeing a strong bullish undertone, the green pack, dominated by stocks in this category, had a mixed day. While India's largest developer, Adani Green Energy, moved up thanks to a promoter-backed fund raise, others like Acme Solar and NTPC Green could not benefit from the market direction. 
Waaree Energies continued to inch up steadily, even as Premier Energies also recouped the losses it made on Friday last week. 

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EPC player KPI Green also recovered losses from Friday, as the stock continues to seek higher levels in anticipation of strong results. Waaree RTL, on the other hand, was possibly weighed down by its higher valuation, while Sterling and Wilson Solar also moved up, with results set for July 17.

The pack seems poised for a major move depending on the initial set of results, and barring any unexpected disappointments, the mood among investors is distinctly bullish for green energy. Extraneous factors like the legal case over Tata Power are, of course, beyond the ken of most, but overall, time to keep an eye on these stocks for good buying opportunities during dips.

List of Green Stocks

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