Green Stocks July 26: Green Energy firms follow the market to head higher

On a great day for the equity markets, green energy stocks followed the trend, with only Adani Green Energy, after a great day yesterday, correcting, along with Waaree Renewable Technologies.  KPI Green Energy, Tata Power and SJVN all gained 5% or more, to stand out from the pack. News coming in of multiple tender wins should provide food for thought perhaps, as prices have trended lower for winning bidders. It is anyone’s guess what sort of margins the businesses are making here, but for now, the sheer volume of work coming in seems to have enthused investors.