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  5. Waaree Energies, ACME Solar, Premier Energies, Adani Green, and more: How renewable power stocks are performing on Dec 9

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Waaree Energies, ACME Solar, Premier Energies, Adani Green, and more: How renewable power stocks are performing on Dec 9

Upstox
By Upstox News Desk

2 min read | Updated on December 09, 2024, 10:04 IST

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SUMMARY

Shares of NTPC Green Energy jumped 1.47% to ₹146.1 a unit on the NSE. Since listing, the stock has risen 35.2% from the issue price.

Stock list

WAAREEENER
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NTPCGREEN
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PREMIERENE
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ADANIGREEN
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Waaree Energies stock was up 0.58% to ₹2,920 apiece on the NSE.

Waaree Energies stock was up 0.58% to ₹2,920 apiece on the NSE.

Most of the renewable energy stocks traded in the green on Monday. Shares of Waaree Energies, Premier Energies, NTPC Green Energy, ACME Solar and KPI Green Energy were up on December 9, while Adani Green Energy stock was trading in the negative territory.

Waaree Energies share price

Waaree Energies stock was up 0.58% to ₹2,920 apiece on the National Stock Exchange (NSE) at 9:30 am.

On Friday, the company announced the incorporation of a new wholly-owned subsidiary in Australia, Waaree Renewable Energies Australia PTY Ltd.

On December 5, Waaree Energies bagged NABL accreditation for its cutting-edge PV Module Test Lab (PMTL) in Chikhli, Gujarat. This was the second NABL accreditation for Waaree after the Tumb manufacturing facility.

NTPC Green Energy share price

Shares of NTPC Green Energy ascended 1.47% to ₹146.1 a unit on the NSE.

NTPC Green shares were listed at ₹111.5 apiece (a premium of 3.24%) from the issue price of ₹108. Since then, they have risen 35.2% from the issue price.

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Adani Green Energy share price

After opening in the positive territory, Adani Green Energy shares fell 1.21% to ₹1,196 on the NSE. Intraday, the stock hit a low of 2.31%.

Premier Energies share price

Premier Energies stock was trading at ₹1,308.6 apiece, reflecting an increase of 3.55% on the NSE. The company's market capitalisation stands at ₹58,979.32 crore.

On November 25, the company's subsidiaries bagged orders worth ₹1,087 crore from two large independent power producers and one other customer.

ACME Solar Holdings share price

Shares of ACME Solar Holdings traded 2.32% higher at ₹282 a unit on the NSE. The stock started in the red but pared losses to hit intra-day high of 2.86%.

KPI Green Energy share price

Trading 0.49% or ₹4 higher at ₹823.5 per share, the stock hit an intraday high of 2.4%. The market capitalisation of the company stands at ₹17,123.98 crore, while the free float m-cap is ₹1,549.36 crore.

About The Author

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

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