Shares of Inox Green Energy Services soared 16.93 per cent to hit a high of Rs 173.35. Inox Wind shares jumped 6.91 per cent to Rs 204.35. Inox Wind owned 56.35 per cent stake in Inox Green Energy Services at the September quarter.

Adani Green Energy Ltd. is at the heart of allegations of USD 265 million bribes allegedly being paid to Indian officials to secure solar power sale contracts that could bring in USD 2 billion of profits over 20 years to the firm.

Inox Green Energy's shares surge 16% after selling Aliento Wind Energy, with subsidiary no longer part of company.

The rise in shares marked the fourth consecutive session of gains for the stock, which has climbed an impressive 60.66% in just four trading days.

The strong listing of NTPC Green (CMP: Rs 127, Market capitalisation: Rs 107688 Crore, Stock Rating: Overweight) hasn’t energised the stock of the parent company as much. As against the IPO price of Rs 102, the NTPC Green stock is trading at 125 a share.

Inox Wind shares rose 9.75% to Rs 209.80 on Monday against the previous close of Rs 191.15 on BSE. Market cap of Inox Wind rose to Rs 26,245 crore on BSE.

In a BSE filing, Inox Green Energy announced that the transaction on November 30 led to Aliento Wind Energy no longer being its subsidiary. It clarified that Nani Virani Wind Energy, a related party controlled by significant beneficial owners,

Share prices of Green Energy stocks as Inox Wind , Torrent Power and Adani Green among others gained up to 9% in the morning trades on Monday. The gains are attributed to newly listed NTPC green Energ