Indian Green Energy Stocks Show Mixed Performance As Sensex And Nifty End Higher On June 24

Professionals analyze rising trends in Indian green energy stocks in a modern office.

The Indian stock market ended on a positive note on June 24, 2026, with both benchmark indices registering healthy gains. The S&P BSE Sensex rose 1.04% to close at 76,991.22, while the Nifty 50 advanced 0.78% to settle at 24,010.50. The overall bullish sentiment supported several stocks in the green energy and mobility sectors, although performance remained mixed as investors selectively bought and sold shares across the industry.

Among renewable energy and clean mobility-related stocks, battery manufacturers emerged as the top performers. Exide Industries led the gains, rising more than 5% on both the BSE and NSE to close near Rs 399 per share. The strong rally reflected renewed investor confidence in the battery and energy storage segment, which continues to benefit from the growing adoption of electric vehicles and renewable energy systems.

Indian Oil Corporation (IOC) also recorded a solid performance during the session, gaining over 2% on both exchanges and closing above Rs 146. Borosil Renewables added 1.86% on the BSE to reach Rs 606.65, while Praj Industries moved up 1.34% to Rs 347.70. JSW Energy also ended higher, gaining 1.21% to close at Rs 574.75.

Some of the larger energy companies posted moderate gains. Reliance Industries and Adani Green Energy advanced 0.36% and 0.48% respectively. GAIL and Amara Raja Energy & Mobility also managed to finish the day in positive territory with small gains. Meanwhile, the Indian Energy Exchange remained largely stable, recording a marginal increase of 0.48% to close at Rs 125.30.

Despite the broader market strength, several renewable energy companies witnessed profit booking. Tata Power was among the major laggards, declining 1.53% on the BSE and 1.64% on the NSE. NTPC Green Energy Ltd., one of the newer entrants in the renewable energy market, also faced selling pressure and ended 1.20% lower at Rs 94.70.

Other stocks in the sector also experienced mild corrections. Olectra Greentech slipped 0.78% to close at Rs 1,490.00, while Insolation Energy fell 1.08% to Rs 114.65. Additional declines were seen in companies such as Inox Wind, Websol Energy, and Sterling and Wilson Renewable Energy.

Overall, the green energy and mobility sector delivered a mixed performance. Strong buying interest in battery manufacturers and industrial companies helped offset losses in power generation and renewable utility stocks, allowing the sector to remain broadly supported amid a strong market session.


Subscribe to get the latest posts sent to your email.

 

  • Related Posts

    Week in South East Asia: Meralco-MGEN Eye 2.5 GW RE Project; Novva Buys 120 MWp Solar Asset; TotalEnergies ENEOS Expands Rooftop Solar and More…

    Representational image. Credit: Canva Meralco PowerGen Corporation (MGEN), Meralco, and Vietnam-based VinEnergo have signed an agreement to explore a 2.5 GW renewable energy project in the Philippines. The proposed development…

    Kee Ming Secures RM70 Million Contract for 99.99 MW Solar Project in Malaysia

    Representational image. Credit: Canva Kee Ming Group Berhad has secured a significant contract in Malaysia’s growing renewable energy sector through its wholly-owned subsidiary, Kee Ming Electrical Private Limited (KME). The…

    Have You Seen?

    Oil Extends Losses on Expectations of Smoother Crude Flows via Hormuz

    • June 24, 2026
    Oil Extends Losses on Expectations of Smoother Crude Flows via Hormuz

    US CFOs in Survey Say Firms Mostly Absorbed Oil Price Shock

    • June 24, 2026
    US CFOs in Survey Say Firms Mostly Absorbed Oil Price Shock

    Global Physical Crude Markets Mired in Discounts as Middle East Ramps Up Supply

    • June 24, 2026
    Global Physical Crude Markets Mired in Discounts as Middle East Ramps Up Supply

    CarbonX CO2 electrolysis prize fund winner plots scale up timelines

    • June 24, 2026
    CarbonX CO2 electrolysis prize fund winner plots scale up timelines

    ITM, Gore eye 80,000-hour PEM life with ultra-thin membrane

    • June 24, 2026
    ITM, Gore eye 80,000-hour PEM life with ultra-thin membrane

    Analysis: Will Australia become a force in helium?

    • June 24, 2026
    Analysis: Will Australia become a force in helium?

    US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack

    • June 24, 2026
    US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack

    Trump Orders Gas Price Gouging Probe

    • June 24, 2026
    Trump Orders Gas Price Gouging Probe

    Malaysian Major Makes Gas Discovery in Suriname

    • June 24, 2026
    Malaysian Major Makes Gas Discovery in Suriname

    Qatar Says LNG Exports Could Return to Normal Within Weeks

    • June 24, 2026
    Qatar Says LNG Exports Could Return to Normal Within Weeks