India’s green energy and battery stocks were mixed on August 28, 2025, but strength in select counters like High Energy Batteries and HBL Engineering Ltd., buoyed investor sentiment. While broader indices had a more cautious tone in evidence, the market was strong, showing ongoing investor interest in the energy storage and renewable-linked companies.
High Energy Batteries rallied 1.57% to ₹661 on the day, earnings strength in advanced battery solutions demand in the defence and electric mobility space, and being viewed by investors as a strong beneficiary of India’s energy transition. HBL Engineering Ltd. also rallied nicely, gaining 1.24% to ₹780.9, on investor sentiment around critical power and energy storage.
Panasonic Energy India was next, climbing 1.08% to ₹345.1, indicating steady momentum in compact consumer batteries and storage systems. Eveready Industries India Ltd posted gains of 0.83% to ₹421.1, while Waaree Technologies edged up 0.17% to ₹289, indicating fresh buying activities for solar and storage-linked participants.
On the other hand, some major names faced mild profit-taking after recent rallies. Indo-National Ltd. slipped 2.32% to ₹468.75, while Tata Power, a bellwether in India’s renewable energy transition, eased 1.76% to ₹371.1. Amara Raja Energy and Exide Industries also saw small declines of 0.84% and 0.71%, respectively.
While these adjustments are significant, analysts are still comforted by the segment’s underlying fundamentals. India is set to have an explosive increase in lithium-ion battery demand over the coming years; investors continue to expect clean energy and battery stocks to play out as long-term growth stories. Policy fundamentals are additionally propping up electric vehicles, grid-scale storage, and hybrid solar systems, which all support the growth of these businesses.
Today’s trading is demonstrating a critical trend: profit taking may stymie larger counters intermittently but not consistently for niche players in energy storage. High Energy Batteries, HBL Engineering, and Panasonic Energy India demonstrate how investor appetite is shifting towards technology-oriented and future-ready enterprises in India’s battery ecosystem.
Key Takeaways – 28 August
- Best Performer: High Energy Batteries (+1.57%)
- Other performers of note: HBL Engineering Ltd. (+1.24%), Panasonic Energy India (+1.08%), Eveready Industries (+0.83%)
- Backwards performers: Indo-National Ltd. (-2.32%), Tata Power (-1.76%), Amara Raja Energy (-0.84), Exide Industries (-0.71%)
Overall, the August 28 session reaffirmed the sector’s resilience. Even as some heavyweights corrected, steady gains in storage and technology-oriented counters underline the enduring strength of India’s clean-tech and green energy growth story.
Company Name |
Closing Price on August 28 |
Change % |
CLN Energy Ltd. |
579.95 |
0.00% |
HBL Engineering Ltd. |
780.9 |
|
Eveready Industries India Ltd. |
421.1 |
|
Indo-National Ltd. |
468.75 |
|
High Energy Batteries |
661 |
|
Panasonic Energy India |
345.1 |
|
Amara Raja Energy |
967.7 |
|
Exide Industries |
394 |
|
Waaree Technologies |
289 |
|
Tata Power |
371.1 |
|