Green energy stocks fail to benefit from selloff in Adani Green
Business Standard|November 23, 2024
Six of the eight stocks operating in the green energy space declined on Friday, failing to benefit from the rout in Adani Green Energy's decline over the last two sessions.
SUNDAR SETHURAMAN
Green energy stocks fail to benefit from selloff in Adani Green

The stocks command a market capitalization between ₹5,560 crore and ₹89,058 crore. Elevated valuation in the stocks operating in the sector was cited as the reason for investors refraining from buying them. The stocks declined between 0.2 and 4.4 per cent.

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