Battery and green energy stocks showed a mixed trend on June 30, as investors weighed recent market cues and sector-specific developments. While key players like CLN Engineering Ltd. and Waaree Technologies delivered strong performances, others such as Indo-National and High Energy Batterie faced notable declines.
CLN Engineering Ltd. emerged as the top gainer, rising 5.00% to close at ₹529.2—possibly driven by optimism around upcoming capacity expansion plans and order inflow expectations in the energy storage space.
Waaree Technologies, known for its solar-plus-storage integration capabilities, also posted a solid 3.55% gain, closing at ₹303.65, on the back of improving sentiment in solar-linked battery deployments.
On the downside, Indo-National slumped by 4.91% to ₹457.8, marking a steep fall amid subdued consumer demand and rising input costs. High Energy Batterie also slipped 2.00% to ₹797.5, halting its recent upward momentum.
Eveready Industries India saw a modest dip of 0.38%, while Panasonic Energy India and Exide Industries closed nearly flat, reflecting overall market uncertainty.
Tata Power, a key player in clean energy and EV infrastructure, declined 0.83% to ₹405.45, despite its long-term bullish outlook.
Meanwhile, HBL Engineering and Amara Raja Energy posted marginal gains of 0.33% and 0.28% respectively, suggesting resilience in diversified battery portfolios and industrial applications.
? Key Gainers – June 30:
- CLN Engineering Ltd.: +5.00% (₹529.2)
- Waaree Technologies: +3.55% (₹303.65)
- HBL Engineering: +0.33% (₹592.9)
- Amara Raja Energy: +0.28% (₹964.7)
? Key Losers – June 30:
- Indo-National: -4.91% (₹457.8)
- High Energy Batterie: -2.00% (₹797.5)
- Tata Power: -0.83% (₹405.45)
- Eveready Industries India: -0.38% (₹314)
As India’s energy transition gains speed, battery and green energy stocks continue to remain in focus. Market participants are closely monitoring updates around the PLI scheme for ACC batteries, EV infrastructure funding, and new battery storage tenders. Sector volatility may persist, but long-term fundamentals remain strong.
Company Name | Closing Price on June 30 | Change % | |
CLN Engineering Ltd. | 529.2 |
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HBL Engineering | 592.9 |
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Eveready Industries India | 314 |
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Indo-National | 457.8 |
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High Energy Batterie | 797.5 |
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Panasonic Energy India | 393 |
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Amara Raja Energy | 964.7 |
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Exide Industries | 387.75 |
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Waaree Technologies | 303.65 |
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Tata Power | 405.45 |
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