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April 16, 2026: Green Energy Stocks Stay Resilient As Inox Wind And Adani Green Lead Gains Despite Weak Market

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Wind turbines on green hills with rising renewable energy stock graph overlay
Wind turbines with overlay of rising renewable energy stock graph

The Indian green energy sector showed mixed but generally positive momentum during the trading session on April 16, 2026, even as the broader market remained slightly under pressure. The S&P BSE SENSEX slipped by 0.16% to close at 77,988.68, reflecting a cautious sentiment among investors. Despite this, several renewable energy and storage companies managed to post gains, supported by selective buying.

Among the top performers, Inox Wind led the rally with a strong gain of 2.61%, closing at Rs 95.76. Adani Green Energy also performed well, rising 2.57% to settle at โ‚น1,124.00. Sterling and Wilson Renewable Energy continued its upward trend, gaining around 2.5% to close at โ‚น193.55.

The energy storage and battery segment also saw positive movement. Amara Raja Energy & Mobility rose 2.49% to โ‚น775.00, while Exide Industries registered a smaller gain of 0.62%, ending the day at Rs 332.00. These gains indicate steady investor interest in companies linked to battery storage and electric mobility.

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In the utilities and infrastructure space, Tata Power climbed 1.53% to โ‚น428.25, and JSW Energy gained 1.22% to close at โ‚น534.70. Engineering major Larsen & Toubro also posted a gain of over 1%, finishing at โ‚น4,118.60, reflecting continued confidence in infrastructure-linked energy plays.

However, not all stocks ended in the green. Indian Oil Corporation declined 0.69% to โ‚น144.25. In the electric mobility segment, Olectra Greentech dropped 0.64% to โ‚น1,219.50, while Praj Industries also slipped by 0.62%.

The broader market remained weak, with the Nifty 50 falling 0.21% to 24,180.80. Reliance Industries showed mixed movement, recording a small gain on one exchange and a slight decline on another.

Overall, despite the minor decline in key indices, the performance of renewable energy and storage stocks highlights ongoing investor interest in the green energy space, even in a cautious market environment.


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