Green Stocks Defy Market Correction, Most Rise On April 12

Green Stocks Defy Market Correction, Most Rise On April 12

Even as the BSE stock index dropped 1.06%, most of the green energy stocks we track continued their relentless upward march. None more so than Waaree Renewable Technologies, which was locked at the upper circuit yet again today. Powered by multiple positives, from rising power demand to a supportive domestic policy environment, the next big trigger will be results from these stocks by the month end,  when investors are likely to reset expectations based on the numbers.

Company name

Closing Price On April 10

Closing Price on April 12

Change %

Borosil Renewables Ltd 534.35 542.25 +1.48%
Waaree Renewable Technologies Ltd 1878.55 1972.45 +5.00%
Sterling and Wilson Renewable Energy Ltd 513.80 502.90 -2.12%
KPI Green Energy Ltd 1737.50 1776.00 +2.22%
SHAKTI PUMPS (INDIA) LTD 1462.10 1470.00 +0.54%
TATA POWER CO.LTD. 431.85 437.90 +1.40%
JSW Energy Ltd 615.95 615.00 -0.15%
SUZLON ENERGY LTD 42.22 42.12 -0.24%
Adani Green 1907.40 1887.85 -1.02%
Inox Wind Energy 5827.10 5998.00 +2.93%
SJVN 132.45 131.00 -1.09%

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