return to news
  1. Waaree Energies, NTPC Green, Premier Energies, ACME Solar: How renewable energy stocks performed on Feb 18

Market News

Waaree Energies, NTPC Green, Premier Energies, ACME Solar: How renewable energy stocks performed on Feb 18

Upstox

2 min read | Updated on February 18, 2025, 15:47 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Waaree Energies shares settled 0.16% lower at ₹2,170.05 per unit on the National Stock Exchange (NSE). In the third quarter of the current fiscal year, the company's net profit jumped fourfold to ₹493 crore as against ₹124.5 crore a year back.

Shares of NTPC Green Energy ended flat at ₹104.85 per unit. | Image: Shutterstock

Shares of NTPC Green Energy ended flat at ₹104.85 per unit. | Image: Shutterstock

Most Renewable energy stocks settled in green on Tuesday, February 18. Shares of NTPC Green Energy, Adani Green, Premier and ACME Solar Holdings were up.

Meanwhile, stocks of Waaree Energies ended in red.

Waaree Energies share price

Waaree Energies shares settled 0.16% lower at ₹2,170.05 per unit on the National Stock Exchange (NSE).

In the third quarter of the current fiscal year, the company's net profit jumped fourfold to ₹493 crore as against ₹124.5 crore a year back.

Revenue increased 116% to ₹3,457 crore as compared to ₹1,596 crore in the year-ago quarter.

NTPC Green Energy share price

Shares of NTPC Green Energy ended flat at ₹104.85 per unit, up 0.02% on the NSE.

Last week, ONGC NTPC Green Private Limited (ONGPL), a 50:50 joint venture (JV) between ONGC Green and NTPC Green signed a share purchase agreement with National Investment and Infrastructure Fund (NIIF), British International Investment Plc (BII), Eversource Capital and BII South Asia Renewables Limited to acquire a 100% equity stake in Ayana Renewable Power Pvt Ltd for ₹195 billion (USD 2.3 billion).

Adani Green Energy share price

Adani Green Energy stock advanced 0.44% to ₹894.30 per share on the NSE. Intraday, it climbed as much as 1.63% to ₹904.9.

The market capitalisation of the company stands at ₹1,41,660.02 crore.

The company's net profit surged 85% to ₹474 crore in Q3 FY25 as against ₹256 crore in the corresponding period last fiscal.

Premier Energies share price

Shares of Premier Energies rose 0.82% to ₹977 apiece on the NSE.

On February 14, Premier Energies Photovoltaic Pvt Ltd, a subsidiary of Premier Energies, bagged orders worth ₹1,234 crore from existing customers for the supply of solar modules

ACME Solar share price

ACME Solar Holdings shares closed at ₹181 aunit, reflecting an increase of 1.87% on the NSE. Its market capitalisation stands at ₹10,952.09 crore.

Intraday, the stock rose as much as 3.92%.

Upstox

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story