Waaree Energies, Vikram Solar, NTPC To Premier: How India-US Trade Deal Is Fueling Green Energy Stocks Rally?

India-US Trade Deal Impact: Waaree Energies, Vikram Solar, Premiere Energies Limited, and other green energy stocks rallied during Tuesday's trading session amid a broader bullish sentiment across the Indian stock market following the India-US Trade deal.

Premier Energies Limited shares were trading 9.29% higher, Waaree Energies shares were trading 13.16% higher, and Vikram Solar shares were up close to 7.82% during Tuesday's intraday trading session.

Why Waaree Energies, Vikram Solar, Premier Energies, and Other Green Energy Stocks Are Rallying?

The renewable energy sector is among the key segments that are likely to benefit from the India-US trade deal. Waaree Energies will emerge as the clear winner of the India-US trade deal as its "exports, mainly to the US, which form 15-20% of revenue, are likely to benefit," according to a Motilal Oswal report.

Additionally, other green energy stocks that export items to the US may also see a benefit from the stock.

Apart from the India-US trade deal, potential benefit from the Union Budget 2026 announcements might have also fuelled investors enthusiasm around green energy stocks.

Green enrgy stocks are also expected to benefit from the central government's higher allocation to solar energy schemes like PM KUSUM, PM Surya Ghar Muft Bijli Yojana, extension of PLI Schemes for solar energy, refinance of legacy DISCOM debt, reduction in dividend tax from renewable energy SPV, etc.

Waaree, Premier, Saatvik Green, Tata Power, ACME, JSW Energy, NTPC Green, and NTPC are expected to benefit from Budget 2026 announcements, noted Motilal Oswal in its report.

India-US Trade Deal

India and the United States, on Monday, concluded the India-US trade deal, which will lead to a reduction in export tariffs from 25% to 18%.

"Delighted that Made in India products will now have a reduced tariff of 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," read a social media post by Prime Minister Narendra Modi.

The India-US trade deal was finalised on the condition that India will stop buying oil from Russia. India's discontinuation of buying oil from Russia would help in "END THE WAR in Ukraine", as per Trump's post on Truth Social.

The announcement on India-US trade deal came hours after PM Modi and US President Trump held talk over a phone call. The Ministry of External Affairs (MEA) is yet to release a statement regarding the India-US trade deal.