June 25- Green Energy EPC’s Weather A Down Day, Adani Green Buoyed By Q1 Results

On a day when almost all Solar EPC stocks faced losses, including high flyer Shakti Pumps, wind energy stocks Suzlon and Inox Wind stood out with a strong show. Both have the benefit of a strong quarterly performance and bulging order books, making investors bullish about prospects again.

For high flyers that could barely look behind until June like Waaree, KPI Green, it seems to be a waiting period for their Q1 results that will decide their next phase of movement. Markets will be watching the results keenly, because with the kind of valuations they have, any stumble could be punished.

Adani Green Energy announced its Q1 results during market hours, and a 260% profit jump seems to have ensured a major revision upwards by over 6% for the firm.