Renewable stocks surge after India-US trade deal; Waaree, NTPC Green, Adani Green rallyRenewable stocks surge after India-US trade deal; Waaree, NTPC Green, Adani Green rally

Introduction

Shares of renewable energy companies rose on Tuesday after India and the United States finalized a trade deal, boosting investor confidence in the sector’s growth potential.

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India-US Trade Deal

Renewable energy stocks gained on Tuesday, February 3. Shares of Waaree Energies, Adani Green Energy, NTPC Green Energy and Premier Energies moved higher after India and the US agreed to a trade deal.

Under the agreement, tariffs on Indian goods exported to the United States will be reduced to 18% from 25%, US President Donald Trump said on Monday, February 2.

Prime Minister Narendra Modi said he looks forward to working closely with President Trump to strengthen the India–US partnership and take bilateral cooperation to higher levels.

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PM Modi said on X that tariffs on Made in India products will be reduced to 18 %.

“Big thanks to President Trump on behalf of the 1.4 billion people of India for this wonderful announcement. When two large economies and the world’s largest democracies work together, it benefits our people and unlocks immense opportunities for mutually beneficial cooperation,” he said.

India-US trade deal lifts renewable energy stocks

Waaree Energies

On February 3, 2026, Waaree Energies Ltd opened at ₹3,002.05, up 7.45% from its previous close of ₹2,794.20. The stock reached a high of ₹3,137.10 (12.29%) and a low of ₹2,950.10. By 10:40 AM, it traded at ₹3,121.05, an 11.70% increase, with a market cap of ₹89,774.16 crore.

Adani Green Energy

On February 3, 2026, Adani Green Energy Ltd opened at ₹926.95, up 10.01% from its previous close of ₹842.80. The stock reached a high of ₹951.35 (12.87%) and a low of ₹892.50. By 10:41 AM, it traded at ₹932.80, a 10.68% increase, with a market cap of ₹1,53,615.65 crore.

NTPC Green Energy

On February 3, 2026, NTPC Green Energy Ltd opened at ₹88.47, up 3.71% from its previous close of ₹85.26. The stock reached a high of ₹88.55 (3.78%) and a low of ₹85.91. By 10:41 AM, it traded at ₹86.65, a 1.63% increase, with a market cap of ₹73,014.15 crore.

Premier Energies

On February 3, 2026, Premier Energies Ltd opened at ₹783.90, up 6.67% from its previous close of ₹734.90. The stock reached a high of ₹808.35 (9.96%) and a low of ₹781.35. By 10:42 AM, it traded at ₹801.50, a 9.06% increase, with a market cap of ₹36,307.50 crore.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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