April 18 – KPI Green, Shakti Pumps Lead Strong Green Move On Another Tough Day For Markets

On yet another down day for the markets, our green pack continued to more than hold its own, with 7 of the 11 stocks being tracked in the green. Leading the charge, besides the by now inevitable upper circuit for Waaree Renewable, is KPI Green Energy, and Shakti Pumps. While KPI Green has been adding contracts at a strong pace for projects, Shakti Pumps is expected to benefit strongly from its strong presence in the solar pumps space. JSW Energy was another firm that made a strong up move, even as heavyweights like Tata Power, and Adani Green Energy failed to buck the market trend.