Market News
2 min read | Updated on March 12, 2025, 15:36 IST
SUMMARY
Waaree Energies shares settled 0.08% lower at ₹2,118.15 apiece on the National Stock Exchange (NSE). The market capitalisation of the company stands at ₹60,688.58 crore.
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NTPC Green Energy shares ended at ₹97.08 apiece on the NSE, reflecting an increase of 2%. | Image: Shutterstock
Renewable energy stock showed varied performance on Wednesday. Shares of Adani Green and NTPC Green Energy rose.
On the other hand, Waaree Energies, Premier Energies and ACME Solar declined.
The market capitalisation of the company stands at ₹60,688.58 crore.
On Monday, the company signed a joint venture agreement with Chhattisgarh State Power Generation Company Ltd to develop renewable energy projects in Chhattisgarh and identify reservoirs to develop floating solar projects.
In an exchange filing on Tuesday, the company announced that its stepdown subsidiary Adani Solar Energy Ap Eight pvt Ltd has commissioned solar power project of 250 megawatt at Kadapa, Andhra Pradesh.
"With commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 12,591.1 MW," Adani Green said.
The company had reported a 155% increase in its latest December quarter earnings to ₹112 crore. In the year-ago quarter, the net profit was ₹44 crore.
The company reported a 5% rise in its revenue from operations to ₹349 crore in the third quarter of the current fiscal as against ₹332 crore in Q3 FY24.
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