return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. Stocks
    /
  5. Waaree Energies, Saatvik Green, Premier Energies, NTPC Green: How renewable energy stocks are performing on Aug 24

Market News

Waaree Energies, Saatvik Green, Premier Energies, NTPC Green: How renewable energy stocks are performing on Aug 24

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on August 24, 2026, 13:08 IST

Google
SelectUpstoxas yourPreferred news source
Copy link
Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

NTPC Green Energy shares climbed 0.33% to ₹91.73 apiece on the National Stock Exchange (NSE) after its wholly-owned subsidiary NTPC Renewable Energy Limited (NTPC REL) emerged as a successful bidder in the e-reverse auction conducted by Solar Energy Corporation of India Limited (SECI).

Stock list

WAAREEENER
--
ADANIGREEN
--
SAATVIKGL
--
NTPCGREEN
--
Premier Energies shares were trading 2.53% lower at ₹1,026.40 a unit on the NSE. | Image: Shutterstock

Premier Energies shares were trading 2.53% lower at ₹1,026.40 a unit on the NSE. | Image: Shutterstock

Renewable energy stocks were trading mixed on Monday, August 24. Shares of Waaree Energies, Premier Energies, Saatvik Green Energy, and Adani Green were trading in red.

Open FREE Demat Account within minutes!
Join now
In contrast, NTPC Green Energy, Suzlon Energy and Premier Energy were up.

NTPC Green Energy shares climbed 0.33% to ₹91.73 apiece on the National Stock Exchange (NSE) at 1:03 pm.

The company in an exchange filing on August 22 announced that its wholly-owned subsidiary NTPC Renewable Energy Limited (NTPC REL) has emerged as a successful bidder in the e-reverse auction conducted by Solar Energy Corporation of India Limited (SECI) for selection of RE Power Developers for Assured Peak Supply of 6000 MWh (1500 MW x 4 Hrs) from ISTS-Connected RE Projects in India, under tariff-based Competitive Bidding (SECI-FDRE-IX).

"Under the terms of the Request for Selection (RfS), NTPC Renewable Energy Limited has secured 500MW contracted capacity at a discovered tariff of ₹6.00/kWh in the aforesaid tender," the company said in an exchange filing.

Saatvik Green Energy stock was trading 0.93% lower at ₹415.05 per share on the NSE. Last week, the company's material subsidiary, Saatvik Solar Industries, had bagged an order worth ₹190 crore from a renowned independent power producer/EPC player for the supply of solar PV modules.

Shares of Waaree Energies and Adani Green Energy fell 1.33% and 1.35%, respectively.

ALSO READ | LT Foods, Vishal Mega Mart, BLS International shares spurt amid spike in volumes; check full list
Premier Energies shares were trading 2.53% lower at ₹1,026.40 a unit on the NSE. Last week, the company, in a regulatory filing, said it received a one-notch credit rating upgrade for its long-term credit rating to A+/Positive from CRISIL Ratings Ltd. The firm's short-term rating stands unchanged at A1.

"The rating upgrade reflects Premier Energies' strengthening business and financial profile, supported by its robust operating performance, disciplined execution and expansion of integrated manufacturing capabilities," it said.

In Q1, Premier Energies' revenue rose 34.1% YoY to ₹2,507.6 crore, while net profit jumped 53.3% to ₹471.9 crore.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

Next Story