Green Stocks Nov 22: Market Rebounds, Green Stocks Trail

Green Stocks Nov 22: Market Rebounds, Green Stocks Trail green stocks

For once, a strong day at the markets left Green Stocks behind. Of course, not all stocks were left behind, as Waaree Renewable Technologies, after a couple of weeks in relative obscurity, shone with a 5% jump. A surprising performance came from Shakti Pumps, which gave up most gains of the week to end over 3% down despite today being the last day probably to get the benefit of the Bonus issue.
The larger caps in the space, from beleaguered Adani Green (down another 8%) to Premier Energies (down over 2%) and Waaree Energies all stayed in the red. Wind energy firm Suzlon, after surprising on the upside yesterday, also corrected today. The relative surprise was PSU SJVN, which rose over 4% on the back of a strong pipeline of 8 GW of projects of which some could be commissioned by March 2025, besides a strong future pipeline as well.

Company Name

Closing Price On

November 21

Closing Price on

November 22

Change %

Borosil Renewables Ltd 427.20 432.00 +1.12%
Waaree Renewable Technologies Ltd 1396.65 1466.45 +5.00%
Sterling and Wilson Renewable Energy Ltd 469.00 479.00 +2.13%
KPI Green Energy Ltd 752.10 731.00 -2.81%
Shakti Pumps (INDIA) LTD 4,899.25 4,725.00 -3.56%
Acme Solar 239.00 245.00 +2.51%
SUZLON ENERGY LTD 65.33 65.09 -0.37%
Adani Green Ltd 1,145.70 1,054.50 -7.96%
Inox Wind 188.69 184.10 -2.43%
Gensol Engineering Ltd 824.20 814.00 -1.24%
Premier Energies 1,085.45 1,061.50 -2.21%
Waaree Energies 2,721.45 2,702.00 -0.71%
KP Green Engineering Ltd 568.40 585.40 +2.99%

 

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