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Adani Solar Energy

Green Stocks Jan 30- Stop Start Recovery Continues

As Indian stocks mounted some sort of a recovery, green energy stocks continued to have a mixed time. Thus, even as Acme Solar staged a smart recovery on the back of a strong set of results in Q3, NTPC Green could not sustain it with a more prosaic set of numbers. Shakti Pumps, despite a […]

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Shakti Pumps Cites DCR Cells Shortage, Prices For ‘Moderate’ Growth

Issues linked to Domestic Content Requirements (DCR) mandates in solar projects appear to be reaching a head for solar developers in India. The mandate, which enforces use of only DCR cells and modules for almost all solar projects in India with exemptions only for select categories, has been causing a lot of heartburn in the […]

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Green Stocks Jan 29: Stocks Rebound Strongly On Good Results

On a day when the market grows, it was good to see green energy stocks rising far more and higher. This was probably the result of the extreme corrections seen over this week and it’s difficult to say whether this rebound will last or not. While companies like Waaree Renewable Technologies which we have highlighted […]

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Green Stocks Jan 28: Big Losses Outweigh Small Gains For Green Stocks

On a day of immense volatility, green energy stocks failed to arrest the decline seen in the recent past, with losers outnumbering gainers by a margin. Where stocks did manage to stay in the green today, like NTPC Green or Waaree RTL, it was only after steep falls from their recent prices. In the case […]

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Green Stocks Jan 27: Green Stocks Succumb To Gravity In A Weak Market

On a day when the Nifty was down over 1%, green energy stocks, almost all of which trade at multiples higher than the Nifty index stocks, suffered today. Borosil Renewables, Shakti Pumps, SWREL, and KPI Green all tested the power circuit limits. Others with higher circuit limits suffered even more, as Acme Solar sank over […]

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Green Stocks Jan 24: The Slide Turns Into a Rout

The broader decline in the market has turned into a rout for small caps and mid-caps, and most of the green caps were no exception. The secular decline seen across the board points to weak hands finally capitulating to withdraw from the market and lick their wounds, so to say. While it might be too […]

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Green Stocks Jan 23: Recovery Continues To Evade Green Stocks

Today was one of those rare trading days when the market recovery outran any recovery in green stocks. So bad was the situation that even the news of Waaree Energies starting commercial production at its US plant did not move the stock, instead correcting by over 3%. While public sector SJVN did continue its weak […]

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Rajasthan: POWERGRID Commissions RE Evacuation Projects

POWERGRID Sikar Transmission Limited, a wholly owned subsidiary of Power Grid Corporation of India Ltd (PGCIL) today announced the commissioning its assigned work of augmenting the power evacuation from the solar energy zones of Rajasthan. The project was envisioned to evacuate 8.1 GW of green power from the zones. POWERGRID, in its filing before the […]

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Green Stocks Jan 22: No Respite For Green Stocks

Other than the redoubtable Shakti Pumps, and a little upward move in Borosil Renewables, green stocks continued to seek support as selling pressure continued today. While market watchers attribute the weakness to the host of measures promised and some taken by the new Trump administration, it doesn’t quite explain the weakness in India. The weakness […]

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