Indian Green & Battery Stocks Roundup – July 29: HBL Engineering, Exide Rally While CLN, Waaree Slip

Battery and clean energy stocks saw a mixed trading session on July 29, 2025, with select heavyweights posting notable gains while others extended losses amid broader sectoral churn. Market sentiment remained cautious ahead of macro data releases and upcoming quarterly earnings.

HBL Engineering Ltd. emerged as the day’s top performer, climbing 3.67% to ₹579.5, as investors cheered its sustained traction in energy electronics and defence-linked battery contracts. Exide Industries also gained 2.51% to ₹391.7, riding on buzz around its new energy partnerships and long-term EV battery plans.

Indo-National Ltd. and Amara Raja Energy recorded solid gains of 2.42% and 2.13% respectively, with analysts citing improved margin outlook and easing raw material prices. Eveready Industries and Tata Power inched up marginally, continuing their defensive posturing amidst market uncertainty.

On the flip side, Waaree Technologies and CLN Energy Ltd. were the biggest laggards of the session, both slipping nearly 2%, with sector watchers attributing the fall to weak institutional interest and near-term valuation concerns.

Panasonic Energy India also dipped 1.36% to ₹370, while High Energy Batteries ended flat with a negligible gain of 0.05%.

Despite the mixed close, market participants remain optimistic on battery and clean power stocks as policy tailwinds, infrastructure spends, and storage mandates continue to support the sector’s medium-term growth.

? July 29 Performance Snapshot