return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. Stocks
    /
  5. Waaree Energies, Suzlon Energy, Inox Wind, Adani Green: How renewable energy stocks are performing on June 3

Market News

Waaree Energies, Suzlon Energy, Inox Wind, Adani Green: How renewable energy stocks are performing on June 3

Ahana Chatterjee - image.jpg
By Ahana Chatterjee

3 min read | Updated on June 03, 2025, 13:23 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Among losers were Waaree Energy, Suzlon Energy, Inox Wind, NTPC Green Energy, Adani Green Energies, ACME Solar Holdings, Tata Power, NHPC and IREDA. While only two firms—Inox Green Energy Services (1.17%) and JSW Energy (0.45%)—were seen trading in green

Stock list

ADANIGREEN
--
INOXWIND
--
JSWENERGY
--
SUZLON
--
WAAREEENER
--
Renewable energy

Suzlon Energy shares were trading lower for the second consecutive day on Tuesday. | Image: Shutterstock

Shares of renewable energy companies were trading mostly negative on Tuesday, June 3.

Among losers were Waaree Energies, Suzlon Energy, Inox Wind, NTPC Green Energy, Adani Green Energies, ACME Solar Holdings, Tata Power, NHPC and IREDA. While only two firms—Inox Green Energy Services (1.17%) and JSW Energy (0.45%)—were seen trading in green.
Waaree Energies

Shares of the firm were trading at ₹2,909 apiece, falling 0.39% ahead of its board’s interaction with investors. The renewable energy company logged a 34.1% jump in its consolidated post-tax profit to ₹618.91 crore in the March quarter of FY25 as against ₹461.52 crore in the same period the previous year.

Revenue from operations increased 36.38% to ₹4,003.93 crore in the reporting quarter, compared to ₹2,935.84 crore in the year-ago period.

Suzlon Energy
Suzlon Energy shares were trading lower for the second consecutive day on Tuesday. Last seen, the stock was at ₹68.66 per share, losing 3.55%. The stock remained under pressure as the Office of the Commissioner of Customs (Imports), Mumbai, has levied a penalty of ₹76.19 lakh upon Suzlon Global Services Limited.

The company had reported a fourfold jump in its consolidated net profit to ₹1,181 crore for the March quarter (Q4 FY25), mainly on the back of higher revenues. Its total income rose to ₹3,825.19 crore in the quarter from ₹2,207.43 crore logged a year ago.

Also read: NIFTY, SENSEX slide; L&T, Waaree Renewable, Jindal Stainless, Prostarm Info Systems among buzzing stocks
Inox Wind

Shares of Inox Wind remained under pressure as they touched an intraday low of ₹188.35 apiece on Tuesday. The stock was down 1.39% at ₹182.80 per share.

Inox Wind (IWL) posted over a five-fold jump in consolidated net profit to ₹190.34 crore in the March quarter, driven by a surge in revenues. It had posted a net profit of ₹38.74 crore in the fourth quarter of the preceding 2023-24 financial year.

The company's income more than doubled to ₹1,310.65 crore during the January-March FY25 from ₹569.04 crore in Q4 FY24. For the entire FY25, the company reported a net profit of ₹437.62 crore in contrast to a ₹48.16 crore loss in FY24.

Adani Green Energy
Shares of Adani Green Energy were down almost 1% as the majority of group stocks declined after Adani Group on Monday said it does not handle any cargo coming from Iran or any Iranian-owned ship at any of its ports, as it denied any deliberate engagement in sanctions evasion.
Among others, NTPC Green Energy, ACME Solar Holdings and IREDA were also seen trading lower by 1.16%, 2.23% and 1.87%, respectively. Shares of Tata Power (-1.12%) and NHPC (-1.40%) also tumbled on Tuesday.
SIP
Consistency beats timing.
promotion image

About The Author

Ahana Chatterjee - image.jpg
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

Next Story