Green energy and battery sector stocks witnessed a largely bearish trend on June 18, with investor caution and broader market uncertainty casting a shadow over most major players. While a few stocks managed modest gains, the majority closed in the red, reflecting a dip in short-term sentiment.
Indo-National led the pack of losers with a 2.69% decline, closing at ₹475.50. The company, known for its dry cell battery products, faced pressure amid sector-wide concerns over input cost volatility. HBL Engineering, another key player in the energy storage segment, also dropped 2.38%, ending the day at ₹579.20.
Other notable decliners included Eveready Industries India (-0.93%), Panasonic Energy India (-0.98%), and Exide Industries (-1.25%), all showing signs of bearish consolidation. Even major integrated players like Amara Raja Energy & Mobility and Tata Power couldn’t escape the drag, slipping by 0.56% and 0.67% respectively.
On the positive side, Waaree Technologies emerged as the session’s top gainer, rising 1.99% to ₹289.85, possibly buoyed by continued interest in solar-linked tech and investor confidence in its growth trajectory. CLN Energy also edged up by 0.42%, signaling selective buying in niche energy stocks.
Overall, the battery and clean energy space reflected a sentiment of caution as investors remained watchful amid macroeconomic cues and global market fluctuations. While the long-term outlook remains robust, near-term volatility continues to drive daily trading behavior in the green stock segment.
Company Name | Closing Price on June 18 | Change % |
CLN Energy | 480.00 | 0.42% |
HBL Engineering | 579.20 | -2.38% |
Eveready Industries India | 318.95 | -0.93% |
Indo-National | 475.50 | -2.69% |
High Energy Batterie | 680.10 | -0.19% |
Panasonic Energy India | 391.00 | -0.98% |
Amara Raja Energy | 990.50 | -0.56% |
Exide Industries | 378.15 | -1.25% |
Waaree Technologies | 289.85 | 1.99% |
Tata Power | 393.40 | -0.67% |