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Waaree Energies

Solar Cell Manufacturing: Gujarat To Take The Lead, Odisha New Entrant

India is on the cusp of a major transformation in solar cell production, and Gujarat is set to take the lead in solar cell manufacturing. With the country’s solar manufacturing sector rapidly expanding, the majority of announced and existing solar cell plants are concentrated in Gujarat, though emerging states like Odisha and Tamil Nadu are […]

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Green Stocks Nov 28: Adani Bounce Back Continues, NTPC Green Shines

Following its strong recovery yesterday, Adani Green Energy continued its sharp recovery, rising 10% again today. Keeping it company was the newly listed NTPC Green, which rose almost 5% to 127 on the back of a project commissioning. Waaree Renewable Technologies powered up 5% after its announcement late last evening of a 2 GW project. […]

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COVER STORY: India Eyes Historic Rise Of Solar Cell Manufacturers

So far, 2024 has been a remarkable year for the Indian solar industry. Not only has it met expectations so far in terms of capacity additions, it has also delivered a huge fillip to the rooftop solar sector, thanks to PM Surya Ghar and new momentum in promising schemes like PM-KUSUM, besides record additions in […]

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Green Stocks Nov 27: NTPC Green Lists, Stock Rises 8.74% Over Issue Price

Days after the launch of its Initial Public Offering (IPO), NTPC Green Energy today entered into the Indian stock exchange. While it opened at a price of Rs 111.5 per share, its price shot up to Rs 121.25. At the same time, the stock price of Adani Green, which was witnessing a plunge in its […]

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Green Stocks Nov 26: Weak Market, Weaker Green Stocks Performance

As the market struggled to find a decisive direction today, our green pack had problems of its own. The biggest green developer, Adani Green Energy continued it’s slide into new depths, cracking past Rs 900 after news that JV partner Total Energies would be pausing further investments till clarity emerges on the US indictments. The […]

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Green Stock Nov 25: Mirroring Market, Most Stocks Mount Recovery

Even as most green stocks mirrored the broader rebound seen in the Indian markets, Adani Green continued to struggle, slumping a further 6% today. The Green energy developer has been caught up in a US district court indictment, besides SEC charges of alleged wrongdoing in power contracts in India. The other stocks to have a […]

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Green Stocks Nov 22: Market Rebounds, Green Stocks Trail

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 […]

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Green Stocks Nov 21: Adani Crash Headlines Poor Day For Green Stocks

On a day when the crash in the stock of Adani Green Energy took most of the attention, almost all green energy stocks save Wind equipment maker Suzlon suffered. Though obviously not at the scale of Adani Green Energy, which slumped almost 18%. For the rest, it was a matter of trying to limit losses, […]

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Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI

Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore.  […]

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