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LIC-backed power generation company signs PPA worth Rs 846.66 crore with Gujarat Urja Vikas Nigam Ltd for 200 MW capacity solar power project
LIC-backed power generation company signs PPA worth Rs 846.66 crore with Gujarat Urja Vikas Nigam Ltd for 200 MW capacity solar power project

LIC-backed power generation company signs PPA worth Rs 846.66 crore with Gujarat Urja Vikas Nigam Ltd for 200 MW capacity solar power project

The stock gave multibagger returns of 125 per cent in just 1 year whereas BSE Sensex Index was up by 24 per cent in the same period.

Kiran Shroff Article rating: 4.0

The stock has a PE of 28x, an ROE of 10 per cent and an ROCE of 8 per cent.

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