May 14- Renewable Pack Outpaces Market Recovery

On a day that the market recovered somewhat, green energy stocks easily outpaced the market recovery, save for Waaree Renewable Technologies, which remained locked at the lower circuit breaker of 5%. KPI Greem Shakti Pumps were both locked at the upper circuit, exhibiting the strong demand still around for these firms. Adani Green, Tata Power and JSW energy all gained over 4%, with even the wind energy players, Inox Wind and Suzlon making smart recoveries during the day. The message is clear. As long as the market stays buoyant, green energy stocks will remain at the forefront.

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