May 23- For a Change Market Plays Catch Up With Green Stocks Updated On Thu, May 23rd, 2024 by Saurenergy On a day when the broader Nifty Index was up almost 1.6%, most green energy stocks trailed market gains. While Waaree Renewable Technologies remained locked into the lower 5% circuit, other EPC players like Sterling and Wilson Renewable also dropped appreciably, while KPI Green managed to hold on to morning gains at close as well. […] Read more
Are Green Stocks Struggling To Meet High Expectations Updated On Tue, May 21st, 2024 by Saurenergy On a day when heatwaves across the country and soaring power demand indicates a hot summer ahead, the focus was clearly on coal stocks, and not green energy stocks today. Consider how despite a dropping share of generation capacity, thermal’s share of actual generation has only been climbing, with power plants set to enjoy their […] Read more
Orient Green Power To Raise Rs 250 Cr Through Equity Rights Issue Updated On Mon, May 20th, 2024 by Saurenergy Orient Green Power Company has announced its plans to raise up to Rs 250 crore through the issue of equity rights to its existing shareholders. The company further said in its regulatory filing that the issue of equity shares with a face value of Rs 10 each of the Orient Green Power Company is proposed […] Read more
Green Stocks May 17: Shakti Pumps Sees Jump In Largest Stock Prices Updated On Fri, May 17th, 2024 by Saurenergy Shakti Pumps remained the largest beneficiary today in terms of the rise in stock prices among the green stocks. The Indore-based company reported a five percent surge in its stock price. Sterling and Wilson reported the second-highest surge in its stock price if 3.71%. Company name Closing Price On May 16 Closing Price on May […] Read more
Chitradurga, Bellary Emerge As New RE Hotspots In Karnataka Updated On Thu, May 16th, 2024 by Saurenergy Karnataka is among the leading renewable-rich states in India. It is also touted as one of the earliest adopters of green energy. As per the latest data from the Ministry of New and Renewable Energy (MNRE), Karnataka ranks third in India when it comes to total solar capacities. Till April 2024, the southern Indian state […] Read more
May 15- Green Stocks Continue To Enjoy Investor Confidence Updated On Wed, May 15th, 2024 by Saurenergy On a day when the broader market struggled to make a decisive move, green energy stocks in our basket had no such problems, with 9 out of 11 racing away yet again. While Waaree Renewable Technologies made its by now predictable return to a 5% upper circuit this time, after two days of lower circuits, […] Read more
May 14- Renewable Pack Outpaces Market Recovery Updated On Tue, May 14th, 2024 by Saurenergy 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 […] Read more
Green Stocks May 10: Stock Market Sees Revival Of Green Stocks Updated On Fri, May 10th, 2024 by Saurenergy After a fallout of the green stocks in the Indian stock market yesterday, there seems to be a revival today. Out of the 11 green stocks in India, eight of them reported a surge in their prices. The highest surge was reported in the stocks of JSW Energy which saw a jump of 7.35%. It […] Read more
India Adds 1 GW Of New Renewable Capacities In April 2024 Updated On Fri, May 10th, 2024 by Saurenergy The latest data from the Ministry of New and Renewable Energy (MNRE) said that India added a total of 1.1 GW of new renewable energy capacities in April 2024. This was propelled by the surge in the additions of solar and wind energy capacities. With the additions of new solar and wind capacities, India’s total […] Read more