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  1. Waaree Energies, Adani Green, Premier Energies, ACME Solar and more: How renewable power stocks are performing

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Waaree Energies, Adani Green, Premier Energies, ACME Solar and more: How renewable power stocks are performing

Upstox

2 min read | Updated on December 02, 2024, 14:30 IST

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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%.

waaree-energies-adani-green-share-price.webp

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%.

Waaree Energies share price

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 share price

Adani Green shares were trading in the negative territory. The stock was down 0.2% to ₹1,321.10 a unit on the NSE.

Premier Energies shares gain

Shares of Premier Energies, India's second-largest fully integrated solar cell and solar module manufacturer, were trading 1.9% higher at ₹1,246.60.

Intraday, the stock rose up to 4.5%.

ACME Solar shares down

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.

KPI Green Energy shares trade in red

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%).

NTPC Green Energy trades in positive territory

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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