Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push Updated On Sat, Feb 1st, 2025 by Saurenergy The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […] Read more
Green Stocks Jan 31: Will The Budget Light Up Green Stocks? Updated On Fri, Jan 31st, 2025 by Saurenergy The answer to our headline seems to be a yes, going by the performance of our green energy pack today. While Waaree Energies stood out after delivering a stellar set of results that are much closer to the firm’s potential for the next year as well, it is the firm’s commentary that should interest analysts. […] Read more
Budget 2025: Green Firms Seek Support For Wafer, Ingot Production Updated On Mon, Jan 27th, 2025 by Saurenergy As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […] Read more
Green Stocks Jan 23: Recovery Continues To Evade Green Stocks Updated On Thu, Jan 23rd, 2025 by Saurenergy 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 […] Read more
KSERC Clears KSEBL’s PSA With SECI For 500 MW Project Updated On Thu, Jan 23rd, 2025 by Saurenergy The Kerala State Electricity Regulatory Commission (KSERC) recently reviewed a petition filed by the Kerala State Electricity Board Ltd. (KSEBL) seeking approval for a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI). The agreement entails procuring 500 MW of power, including 250 MW allocated for two hours of peak power supply […] Read more
Green Stocks January 20- Mixed Day for Green Stocks As Trump Impact Looms Updated On Mon, Jan 20th, 2025 by Saurenergy Green energy stocks had a mixed day today as the market looks for cues from the incoming Trump administration. While everyone is hopeful that the new President will continue to blow hot and cold but look for ‘deals’ eventually, worries on India’s solar exports do not seem to be top of the mind, going by […] Read more
Green Stocks Jan 16: Strong Day For Green Stocks Updated On Thu, Jan 16th, 2025 by Saurenergy We have been stressing how the margin for error is fine when it comes to green stocks and their valuations. And we saw it in full play in the contrasting market response seen to results from two of the Solar EPC firms in our green pack. While SWREL, which turned in a strong set of […] Read more
Green Stocks Jan 10: Retreat Turns To Rout As Selling Pressure Continues Updated On Fri, Jan 10th, 2025 by Saurenergy Like a Self-fulfilling prophecy, days of continuous falls have finally established a pattern of more selling in green stocks as well. On the last day of the week, it was time for many investors to sit on the fence, hoping for even more drops, as the fall continued unabated. It was a day when the […] Read more
Green Stocks Jan 7: Stocks Recover Some Losses On Volatile Day Updated On Tue, Jan 7th, 2025 by Saurenergy Green stocks recovered some of their losses from yesterday today, even as the recovery was nowhere close to the ferocious selling and losses suffered yesterday. Leading the way were Borosil Renewables, Shakti Pumps, and EPC firm Gensol. Others, even as they recovered, saw gains to varying degrees, and to that extent, remain rangebound for now. […] Read more