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  1. Waaree Energies, NTPC Green, Premier Energies, Adani Green and more: How renewable power stocks are performing on Dec 3

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Waaree Energies, NTPC Green, Premier Energies, Adani Green and more: How renewable power stocks are performing on Dec 3

Upstox

2 min read | Updated on December 03, 2024, 11:17 IST

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SUMMARY

Stocks in the renewable energy sectors were trading mixed on Tuesday, December 3. NTPC Green shares hit their 10% upper circuit, while Premier Energies stock was down 2.85%.

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Shares of Waaree Energies were down 0.56%.

Stocks in the renewable energy sectors were trading mixed on Tuesday, December 3. NTPC Green shares hit their 10% upper circuit, while KPI Green Energy was trading 2.6% higher. ACME Solar stock was up 2.6%.

Shares of Waaree Energies, Adani Green, and Premier Energies were down 0.67%, 0.99% and 2.85%, respectively.

Waaree Energies share price

Waaree Energies shares were down 0.67% to ₹2,722 apiece on the NSE. The company's market capitalisation was ₹78,198.49 crore.

On Monday, the company, in an exchange filing, said it had bagged two solar module supply orders of 525 MW (megawatt) from renewable power firms.

"Waaree Energies has secured orders for module supply 364 MWp and 160 MWp from prominent companies," it said.

NTPC Green Energy share price

NTPC Green Energy stock hit the 10% upper circuit mark, trading at ₹142.12 apiece on the NSE.
NTPC Green shares were listed on the stock exchanges on November 27 after the IPO was subscribed 2.4 times. The stock debuted at ₹111.5 a unit, reflecting a jump of 3.24% on the NSE over the issue price of ₹108.

Since listing, NTPC Green Energy share price has gained 31.5% from the issue price.

KPI Green Energy share price

Shares of KPI Green Energy rose 2.6% to ₹799.3 a unit on the NSE at 10:43 am after it secured a 300 MW solar project order from state-run Coal India Ltd.

"KPI Green Energy announces the receipt of its largest-ever order for setting up of 300 MW AC (alternate current)/405 MW DC (direct current) ground mounted solar PV plant from Coal India Limited," the company said in a regulatory filing.

Adani Green share price

Adani Green Energy stock is down 0.99% to ₹1,314.8 per share on the NSE.

Last week, Gautam Adani, the chairman of the Adani Group, said his conglomerate was dedicated to compliance and "every attack makes us stronger" amid recent bribery allegations in the US.

Premier Energies share price

Premier Energies shares slumped 3.27% to ₹1,203 on the NSE. The market capitalisation stands at ₹54,228.16 crore.

Intraday, the stock declined up to 3.9%.

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