Green Stocks- High Fliers Hit A Wall, While Others Seek To Recover Losses on May 8

Our Green Energy stock pack endured a tough day at the markets, as some of the biggest high fliers, notably Waaree Renewable Technologies, KPI Green and Shakti Pumps hit the lower circuit today. Jining them was JSW energy, that was down over 4% after its Q4 results.

The outlier was Sterling and Wison Renewable Energy, up close to 5% on hopes for a bright future of profitable contracts for it.

India’s largest green energy developer, Adani Energy clawed back some of its losses from the past week, to move up by over 3.5%.  Renewable energy stocks will continue experiencing higher than normal volatility, thanks to the high expectations baked into their price over the past year. If you are an investor, this would be a good time to assess how far you want to count on these stocks for returns in the future.