Green Stocks August 23: Borosil Renewables Stock Goes Up 2.53%

By Saur News Bureau/ Updated On Fri, Aug 23rd, 2024

Green Stocks Sep 12: Inox Wind, Premier Energies Lead The Chart

On a day when the markets were mostly rangebound, it was the Green energy stocks, unsurprisingly, that did some heavy lifting. With most in the midcap or small cap space, price movements continued to be more volatile than the rest here. Leading the charge was Borosil Renewables with an over 2.5% gain, followed by Adani Green, the green energy developer arm of the Adani Group. Suzlon and Inox, the wind energy stocks, both rose slightly, while SJVN also reversed trend after a few down sessions.

All the rest, including the EPC firms shed some points, with Sterling and Wilson the biggest loser for the day. However, the EPC pack remains well valued, and could yet take off anytime a firm announces a big project win/s. A benign price environment continues to support and provide clear visibility for the next two quarters and more comfortably, which should be reassuring for investors worried about high valuations.

Company name	Closing Price On August 22	Closing Price on August 23	Change %
Borosil Renewables Ltd	504.25	517.00	+2.53%
Waaree Renewable Technologies Ltd	1447.80	1430.00	-1.23%
Sterling and Wilson Renewable Energy Ltd	684.75	670.00	-2.15%
KPI Green Energy Ltd	938.40	927.00	-1.21%
Shakti Pumps (INDIA) LTD	4465.65	4465.05	-0.01%
TATA POWER CO. LTD.	422.85	418.50	-1.03%
JSW Energy Ltd	713.70	703.75	-1.39%
SUZLON ENERGY LTD	77.56	78.84	+1.65%
Adani Green Ltd	1885.95	1900.00	+0.74%
Inox Wind Energy	11911.40	11950.00	+0.32%
SJVN Ltd	133.30	133.90	+0.45%
Gensol Engineering Ltd	936.00	930.65	-0.57%