Renewable Energy Stocks Rise on October 6 as Waaree, Adani Green, ACME Solar, and KPI Green Gain
Renewable energy stocks traded in the positive territory on Tuesday, October 6, with the NIFTY50 index gaining 0.98% to 22,776 and the SENSEX rising 0.95% to 73,067. Shares of Waaree Energies advanced 2.19% to ₹2,398 apiece on the National Stock Exchange (NSE). The stock had hit its 52‑week low of ₹2,301.10 per share on October 1, 2026, and its 52‑week high of ₹3,718.80 on October 17, 2025. Waaree has gained 0.76% in the past week but declined 9% in a month, falling 19% year‑to‑date.
Adani Green Energy shares surged 2.26% to ₹1,313 per unit on the NSE. On October 1, the company through its various step‑down subsidiaries commercially operationalised an aggregate 481.9 MW renewable energy projects at Gujarat's Mundra and Khavda, and an aggregate 3,081 MWh battery energy storage system projects at Khavda. The company said in an exchange filing that with commissioning of this project, AGEL has achieved total operational renewable generation capacity of 20,762.70 MW and total operational BESS capacity of 6,632 MWh.
ACME Solar Holdings scrip settled at ₹448.20 per share, up 4.81%, on the NSE. On Monday, the company through its subsidiary ACME Renewtech Pvt Ltd commissioned an additional 66.68 MW of solar capacity in Rajasthan's Bikaner district. The Commercial operation date (COD) for the same shall be October 07, 2026. With this, ACME Renewtech Private Limited has achieved a commissioned solar capacity of 133.36 MW out of 300 MW of the Hybrid Power Project. A Power Purchase Agreement (PPA) for this project has been signed with NTPC Limited.
KPI Green Energy shares saw an uptick of 1.54% to ₹326.80 per unit on the NSE. On October 5, the firm said it incorporated a wholly owned subsidiary, KPGC Three Pvt Ltd, to generate, store, transmit, distribute, purchase, sell and supply electricity and other forms of energy from conventional and renewable sources, including wind, solar, hydro, biomass and thermal energy, and to establish, own, develop, operate and maintain power plants and energy storage systems, and undertake activities incidental thereto.
On Tuesday, October 6, renewable energy stocks traded in the positive territory as the broader market moved higher. The NIFTY50 index gained 0.98% to 22,776, while the SENSEX rose 0.95% to 73,067. This backdrop saw individual renewable names such as Adani Green Energy, Waaree Energies, ACME Solar Holdings and KPI Green Energy posting gains ranging from 1.54% to 4.81%, reflecting investor optimism in the sector.