The Indian green energy sector witnessed a mixed trading session on Tuesday, with investors showing selective interest in some renewable energy stocks while several major companies faced selling pressure. The broader market remained largely stable, with benchmark indices moving close to flat levels. The S&P BSE SENSEX ended the session at 76,765.92, declining 0.09%, while the NIFTY 50 closed slightly higher by 0.03% at 24,004.20.
Among green energy-related stocks, Indian Energy Exchange (IEX) emerged as one of the strongest performers of the day. The stock attracted significant buying interest and gained more than 4.3% on both the BSE and NSE. It closed at ₹132.10 on the BSE and ₹132.25 on the NSE.
Engineering and infrastructure major Larsen & Toubro (L&T) also recorded gains during the session. The company’s shares increased by nearly 0.7%, ending at ₹3,831.80 on the BSE and ₹3,831.70 on the NSE. Other stocks that managed to remain in positive territory included GAIL and Websol Energy. GAIL shares rose more than 0.40% to ₹174.92, while Websol Energy finished marginally higher at ₹99.09 on the NSE.
However, the overall sentiment in the renewable energy space remained cautious as several major companies declined. Praj Industries recorded the steepest fall among the sector’s notable stocks, dropping more than 4% to close near ₹302.50. Wind energy equipment manufacturer Inox Wind also witnessed heavy selling, declining over 2.6% on the NSE to ₹76.17 and falling around 3.1% on the BSE to ₹75.85.
Solar glass producer Borosil Renewables slipped more than 2%, closing at ₹572.85 on the NSE. Other major names in the clean energy and power transition segment also ended lower. Adani Green Energy declined over 1.5% to ₹1,377.80, while Tata Power dropped nearly 1.6% to finish at ₹371.35 on the NSE.
Large companies such as Reliance Industries and JSW Energy also ended the day in negative territory, falling around 1% and 0.8%, respectively. NTPC Green Energy Ltd declined about 1.5% to close at ₹92.27.
Battery and electric mobility-related companies also faced pressure, with Amara Raja Energy & Mobility and Exide Industries recording losses of more than 1% and 0.5%, respectively. Olectra Greentech, Insolation Energy, and Sterling & Wilson Renewable Energy also closed with minor declines.
The session highlighted a cautious approach among investors toward the green energy sector, with selective buying in certain stocks while broader concerns kept pressure on several renewable energy companies.
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