Battery and clean energy stocks ended mostly lower on July 30, reflecting cautious investor sentiment amid soft demand cues and global uncertainty. While HBL Engineering Ltd. and Tata Power closed in the green, broader market weakness weighed down sector sentiment, pulling down stocks such as Eveready Industries, Waaree Technologies, and CLN Energy.
HBL Engineering Ltd. rose by 0.47% to close at ₹582.2, supported by robust order flow in its rail and defense energy verticals. Tata Power gained 0.38%, aided by positive updates around its battery storage and green hydrogen roadmap.
However, Eveready Industries India Ltd. slipped 2.01% to ₹409.45, despite steady revenue from its dry cell and alkaline battery segments. Waaree Technologies also dropped 1.99%, while CLN Energy Ltd. declined by 1.38%, with analysts citing investor concerns over execution timelines and tender intensity in the renewables segment.
Sector leaders like Amara Raja Energy, Panasonic Energy India, and Exide Industries also posted modest losses, pointing to profit booking and rotational shifts within the energy basket.
? Key Gainers in the Battery Stocks– July 30:
- HBL Engineering Ltd.: +0.47% (₹582.2)
- Tata Power: +0.38% (₹401.35)
? Key Decliners – July 30:
- Eveready Industries India Ltd.: -2.01% (₹409.45)
- Waaree Technologies: -1.99% (₹312.95)
- CLN Energy Ltd.: -1.38% (₹524.1)
- Amara Raja Energy: -1.33% (₹979.8)
- Panasonic Energy India: -1.15% (₹365.1)
- High Energy Batteries: -0.77% (₹648)
- Indo-National Ltd.: -0.75% (₹457.35)
- Exide Industries: -0.17% (₹391.05)
Company Name |
Closing Price on July 30 |
Change % |
CLN Energy Ltd. |
524.1 |
|
HBL Engineering Ltd. |
582.2 |
|
Eveready Industries India Ltd. |
409.45 |
|
Indo-National Ltd. |
457.35 |
|
High-Energy Batteries |
648 |
|
Panasonic Energy India |
365.1 |
|
Amara Raja Energy |
979.8 |
|
Exide Industries |
391.05 |
|
Waaree Technologies |
312.95 |
|
Tata Power |
401.35 |
|