Green energy shares had a strong day on Thursday, January 22, with several companies posting solid gains after three tough selling sessions.
The broader market mood improved amid better geopolitical signals and positive talk of a possible India-US trade deal under Trump.
Waaree Energies Leads the Pack
Waaree Energies stole the show, jumping over 11% to trade at ₹2,693.20 on the NSE (National Stock Exchange). The rally came right after the company dropped impressive numbers for its December quarter.
Revenue shot up 118% year over year to ₹7,565 crore. Net profit also doubled to ₹1,106 crore from ₹506 crore in the same quarter last year.
The company sits on a hefty order book worth ₹60,000 crore. That kind of pipeline gives investors plenty of reasons to stay bullish.
Premier Energies Gains Ahead of Results
Premier Energies climbed more than 5% to ₹747.35 as traders positioned themselves before the company’s quarterly results announcement.
The solar player recently revealed big expansion plans worth ₹11,000 crore. It wants to more than double its cell and module manufacturing capacity to meet growing domestic demand.
Fresh orders worth ₹2,307 crore landed in the December quarter alone. These contracts will be executed over FY27 and FY28.
Other Green Stocks Join the Rally
Inox Green Energy Services surged around 7.5% to ₹170.66. The company recently signed deals to provide maintenance services for 5 GW of renewable projects.
Adani Green Energy rose over 3.7% to ₹911.50 ahead of its own quarterly results scheduled for Thursday. The company has just set up a new subsidiary, Adani Ecogen Five Ltd, to produce solar and wind power.
KPI Green Energy added 2% after posting a 48% jump in quarterly profit to ₹125.8 crore. Revenue grew 46% to ₹662.86 crore, driven by faster project execution.
What’s Driving the Momentum?
India’s push toward clean energy continues to attract investor money. Substantial quarterly numbers, expanded order books, and fresh capacity additions are fuelling optimism across the sector. With policy support and rising demand, these stocks could stay in focus for the near term.
