The renewable energy sector witnessed mixed trends on March 26, with key players like Waaree Energies, Adani Green Energy, Suzlon Energy, and ACME Solar showing varied performances in the stock market.
Waaree Energies
Waaree Energies’ share price declined by 1.79%, closing at ₹2,397.15 on the National Stock Exchange. The company’s market capitalization stood at ₹68,866.09 crore. Despite the dip, Waaree Energies remains a significant player in the solar energy sector, with plans to inaugurate a 5.4 GW solar cell manufacturing facility in Gujarat on March 29.
Adani Green Energy
Adani Green Energy experienced a 1.22% drop in its share price, closing at ₹912.10. The stock has been under pressure, with its 52-week high at ₹2,174.10 and low at ₹758.00. The company’s market capitalization is ₹1,462.69 billion, reflecting its strong position in the renewable energy market.
Suzlon Energy
Suzlon Energy’s stock showed resilience, opening slightly higher at ₹57.90 compared to the previous close of ₹57.57. However, it closed at ₹57.92, marking a minor decline of 0.52%. The company’s market capitalization stood at ₹78,637.35 crore, with a 52-week high of ₹86.04 and low of ₹36.80.
ACME Solar
ACME Solar Holdings saw a slight dip in its share price, trading between ₹198.50 and ₹207.90 during the day. The company’s market capitalization is ₹12,047 crore, with a 52-week high of ₹292.40 and low of ₹167.75.
The renewable energy sector continues to be a focal point for investors, with companies navigating challenges and opportunities in a rapidly evolving market. Stay tuned for further updates on the performance of these stocks and their impact on the industry.
