Reliance-backed Solar stock hits upper circuit, Revenue skyrocketed by 1,200 per cent Q4 while debt reduced by 75 per cent; must watch
Reliance-backed Solar stock hits upper circuit, Revenue skyrocketed by 1,200 per cent Q4 while debt reduced by 75 per cent; must watch

Reliance-backed Solar stock hits upper circuit, Revenue skyrocketed by 1,200 per cent Q4 while debt reduced by 75 per cent; must watch

The shares of the company have delivered a return of over 150 per cent to its shareholders in just 1 year.

Rakesh Deshmukh Article rating: 3.6

Reliance New Energy owns a 32.54 per cent stake in the company as per the recent update.

From Rs 70 to Rs 780: Reliance-backed solar stock delivers over 1,000 per cent, hits all-time high; heavy buying witnessed today!
From Rs 70 to Rs 780: Reliance-backed solar stock delivers over 1,000 per cent, hits all-time high; heavy buying witnessed today!

From Rs 70 to Rs 780: Reliance-backed solar stock delivers over 1,000 per cent, hits all-time high; heavy buying witnessed today!

The company's shares have delivered an impressive return of over 160 per cent to their shareholders.

Rakesh Deshmukh Article rating: 3.6

Turnaround company, PAT turned positive from a net loss of Rs 421 crore in the Q4 FY24. While revenue jumped by 1,231 YoY during the same period.

Back-to-Back upper circuit: Shares of Reliance-backed renewable energy company rallied 5 per cent today; Q4 FY24 sales skyrocketed by 1,200 per cent; DIIs Increased Stake
Back-to-Back upper circuit: Shares of Reliance-backed renewable energy company rallied 5 per cent today; Q4 FY24 sales skyrocketed by 1,200 per cent; DIIs Increased Stake

Back-to-Back upper circuit: Shares of Reliance-backed renewable energy company rallied 5 per cent today; Q4 FY24 sales skyrocketed by 1,200 per cent; DIIs Increased Stake

The company's shares have delivered a multibagger return of around 156 per cent in the past six months only.

Rakesh Deshmukh Article rating: 4.2

The company posted a net profit after experiencing back-to-back losses in each of the past 12 quarters, demonstrating a significant growth of 100 per cent.

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