renewable energy stocks

renewable energy stocks: A 5,800% renewables stock boom has some D-Street investors worried

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renewable energy stocks: A 5,800% renewables stock boom has some D-Street investors worried

India’s renewable energy stocks have enjoyed a scorching rally for the past two years as retail buyers pile in, but their extended valuations are flashing warning signs. SG Mart Ltd., a Gujarat-based solar and wind energy producer, has soared over 5,800% since November 2021 — when Prime Minister Narendra Modi announced that India aimed to … Read more

renewable energy stocks: Modi effect: IREDA, Tata Power & other renewable energy stocks jump up to 18%. Here’s why

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renewable energy stocks: Modi effect: IREDA, Tata Power & other renewable energy stocks jump up to 18%. Here’s why

Shares of select renewable energy stocks jumped up to 19% on Tuesday after Prime Minister Narendra Modi launched the Pradhanmantri Suryodaya Yojana on Monday as India celebrated the consecration ceremony of Ayodhya Ram Mandir.The gains were led by Borosil Renewables which soared up to 19 and hit its 52-week high of Rs 602 on the … Read more