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Waaree Energies, NTPC Green, Premier Energies, ACME Solar: How renewable energy stocks performed on Jan 8

Upstox
By Upstox News Desk

2 min read | Updated on January 08, 2025, 15:43 IST

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SUMMARY

ACME Solar Holdings stock declined 0.88% to ₹231 per unit on the NSE, with a market capitalisation of ₹13,977.53 crore.

Stock list

WAAREEENER
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NTPCGREEN
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ADANIGREEN
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PREMIERENE
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Most renewable power stocks settled in red on Wednesday, January 8. Shares of Waaree Energies, Adani Green Energy, Premier Energies, ACME Solar Holdings, and KPI Green Energy were down.

On the other hand, NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC, was trading in green.

Waaree Energies share price

Waaree Energies ended 2.85% lower at ₹2,690 apiece on the National Stock Exchange (NSE).

On Monday, the company informed stock exchanges about the commencement of trial production at its 5.4 gigawatt (GW) state-of-the-art solar cell manufacturing facility in Chikhli, Gujarat.

Last week, it received a 150 megawatt peak (MWp) supply order from a renowned client engaged in the business of owning, developing, and operating renewable power projects in India.

NTPC Green Energy share price

Shares of NTPC Green Energy rose 0.94% to ₹125.10 a unit on the NSE.

On January 5, the company announced the incorporation of "NTPC UP Green Energy Limited," a 51:49 joint venture of NTPC Green and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd.

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On January 4, NTPC Renewable Energy, a wholly-owned subsidiary of NTPC Green Energy, secured 1000 megawatts (MW) in the Uttar Pradesh Power Corporation Limited (UPPCL) auction.

Adani Green Energy share price

Adani Green Energy stock traded in the negative territory at ₹989.50 per share, down 1.59%.

The market capitalisation of the company stands at ₹1,56,740.01 crore.

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ACME Solar Holdings share price

ACME Solar Holdings stock declined 0.88% to ₹231 per unit on the NSE, with a market capitalisation of ₹13,977.53 crore.

On Monday, it informed about the appointment of Dinesh Chadha as the President of Renewable Energy of ACME Solar Holdings.

Chadha holds a bachelor's degree in electrical engineering from Nagpur University. He was earlier associated with Linxon India (formerly ABB India) as managing director for India and Asia Pacific and head of global engineering.

Premier Energies share price

Shares of Premier Energies fell 4% to ₹1,252.75 a unit on the NSE. Intraday, it declined up to 6.5%.

Its market capitalisation stands at ₹56,470.76 crore.

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