Market News
2 min read | Updated on December 10, 2024, 12:01 IST
SUMMARY
Renewable stocks reflected divergent trends on Tuesday, December 10. Shares of Waaree Energies and NTPC Green Energy traded higher, while those of Adani Green Energy, Premier Energies, and ACME Solar were down.
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NTPC Green Energy shares were trading 2.4% higher at ₹148.18 apiece on the NSE.
Renewable stocks reflected divergent trends on Tuesday, December 10. Shares of Waaree Energies and NTPC Green Energy traded higher, while those of Adani Green Energy, Premier Energies and ACME Solar were down.
"This is to inform you that the Company has today received an order for supply of solar modules up to 1 GW from a renowned customer engaged in the business of owning, developing and operating renewable power projects in India," the firm said in an exchange filing.
The scrip, which was listed on the stock exchanges last month, is up 37.2% from the issue price of ₹108.
The supply of solar modules is expected to commence in FY25 and FY26, the filing said.
On Monday, the Adani Group said that it is planning to invest ₹7.5 lakh crore across sectors in Rajasthan.
Speaking at the Rising Rajasthan Summit, Karan Adani, Managing Director of Adani Ports and SEZ, said, "Adani Group plans to invest over Rs 7.5 lakh crore across various sectors of the state economy."
He said that the firm plans to build the largest integrated green energy ecosystem in the world.
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