Market News
2 min read | Updated on December 23, 2024, 15:46 IST
SUMMARY
Premier Energies stock ended in positive territory, climbing 1.67% to ₹1,318 per share. The market capitalisation stood at ₹59,412.06 crore.
Shares of Waaree Energies settled 2.39% higher at ₹2,948.30 apiece on the NSE.
Renewable energy stocks showed mixed performance on Monday, December 23. Shares of Waaree Energies, NTPC Green Energy, Premier Energies, and Adani Green Energy traded in the green.
In contrast, ACME Solar Holdings and KPI Green stocks were down.
On December 19, the company informed that its wholly-owned subsidiary Waaree Solar Americas Inc has started trial production of a 1.6 gigawatt (GW) solar module line at its Brookshire unit in the state of Texas, USA.
In an exchange filing on Saturday, NTPC Green Energy informed that it has signed a memorandum of understanding (MoU) with Bihar's Department of Industries during the "Bihar Business Connect 2024" Global Investors' Summit.
The MoU establishes a framework for key investments in the state to establish renewable energy projects, including ground-mounted and floating solar installations, green hydrogen mobility initiatives and battery energy storage systems.
The company, through its wholly owned subsidiaries last week commissioned an aggregate capacity of 1023.05 megawatt at Jaisalmer, Rajasthan.
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