Market News
2 min read | Updated on December 02, 2024, 14:30 IST
SUMMARY
Shares of Waaree Energies were trading 2.47% higher at ₹2,733.65 apiece on the National Stock Exchange (NSE) at 2:16 pm. The market capitalisation stands at ₹78,655.27. Intraday, the stock rose up to 4.8%.
Adani Green Energy was up 2.5% while Waaree Energies share price rose 1.96%.
Renewable energy stocks were trading mixed on Monday, December 2. Shares of Premier Energies were trading 1.9% higher, while Waaree Energies share price rose 2.4%.
On the other hand, ACME Solar Holdings stock declined 3.4%, and Gautam Adani-led Adani Green Energy shares fell 0.2%.
Intraday, the stock rose up to 4.5%.
On the NSE, ACME Solar Holdings share price declined 3.39% to ₹265 apiece.
The company's consolidated net profit descended 60% to ₹15.29 crore in the second quarter of FY25 compared to ₹38.63 crore in the same period last fiscal.
Revenue declined 19.7% to ₹260 crore in the quarter under review against ₹323 crore in the corresponding period of the previous fiscal.
The Gujarat-based company's shares traded at ₹782.3, down 0.66%. The stock opened at ₹800 and hit an intraday high of ₹807 (+0.8%).
Shares of the recently-listed NTPC Green Energy were up 3.53% to ₹129.25 per share. The market capitalisation stands at ₹1,08,910.31 crore.
The renewable power company's shares were listed on the NSE at ₹111.5 or a 3.24% premium over the issue price of ₹108.
The stock is currently up 19.6% from the issue price.
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