Renewable Energy Stocks Cool Off After Sharp Rally; Solex, Borosil, Inox Wind Among Top Losers

Renewable energy shares in India pulled back sharply on March 13, 2026, a day after a strong sector-wide rally, as profit booking and broader market weakness took hold. The Sensex shed around 670 points (0.9%) to 75,365, while the Nifty fell 234 points to 23,405 by mid-session, with declining stocks far outnumbering gainers. Among the hardest hit were !Solex Energy (−5.4% to ₹930.9),

il Renewables (−3.7% to ₹406.5), Sterling and Wilson Renewable Energy (−3.7% to ₹172.74), ind (−3.3% to ₹80.9), Servotech Renewable Power (−2.9% to ₹69.12), and Suzlon Energy (−2% to ₹41.56). Saatvik Green Energy and Websol Energy Systems also declined 2–3%. Despite the correction, select green energy names held firm amid sustained long-term optimism around India’s renewable capacity expansion targets.