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On the maiden working day of the week, most of the green stocks witnessed increased pricing. However, the winners remained the two wind manufacturing comapanies-Suzlon Energy and Inox Wind. While Suzlon witnessed a rise in its stock price by 4.99%, Inox Wind saw a rise of its stock price by 4.69%. The stocks of Adani […]
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 […]
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 […]
Amid ongoing controversy surrounding the renewable energy division of the Adani Group, the Solar Energy Corporation of India (SECI) has issued a statement. While not directly addressing the controversy, SECI highlighted its critical role in India’s renewable energy sector. To date, SECI has awarded approximately 70 GW of renewable energy tenders. The Renewable Energy Implementing […]
France’s Total Energies, which has been a key partner for Adani Green besides the other group firm, Adani Total Gas, stated on Monday stating that it will pause further financial contributions until the allegations originating in the US are resolved. In its statement, Total Energies stressed that it is not targeted by the indictment nor […]
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 […]
By now, a lot has been written about the charges brought at a US district court against key names in the Adani group, besides Azure power. While those charges will be contested no doubt by the firms as already announced, it is a good time to understand just what tender it was where allegations of […]
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 […]
On a volatile day for the market where it looked like a strong recovery was underway after 7 sessions of losses, our Green pack led the charge with most stocks outperforming market gains. Only to be tripped up by profit booking towards the close when most gave up some, or all of their gains. Shakti […]
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