Green Stock Dec 12: Adani Green Stock Bounces Back After Rajasthan Project

Green Stocks

After days of struggles, the stocks of Indian renewable energy company Adani Green bounced back today, showing a recovery. The stock today reported a 6.38% jump. This jump in its stock price came to the fore when the firm reported commissioning a 230 MW of solar project in Rajasthan. Madhya Pradesh-based solar pump company Shakti Pumps on the other hand reported an increase in its stock price by 5%. This followed the bagging of a Rs 754 crore order from the Maharashtra government under PM-KUSUM scheme.

Waaree Energies buoyed by its strong order book also witnessed a rise of 3.79 percent. With this, its closing price today stood at Rs 3295.05. Indian solar glass company which is now bolstered with the imposition of anti-dumping duties and customs duty on solar glass imports also witnessed a rise of 0.11 percent in its stock price.