Solarworld Ene. (SOLARWORLD) Share News & Alerts
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Solarworld Energy Q4 Results: Profit Soars Over 5x To Rs 49 Crore, Revenue Triples
▲ Bullish +3.56%
The stock is likely to witness immediate buying interest as a 5x net profit surge to Rs 49 crore strongly beats typical street consensus for a small-cap player. This material earnings blowout confirms accelerated execution of its solar EPC order book, paving the way for a bullish positional swing target over the next 2-4 weeks. Strong structural tailwinds in the renewable energy sector will likely sustain higher valuation multiples for the counter.
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