New Delhi, Sept. 24 -- Renewable energy stocks to buy: India's module capacity has increased significantly higher than the annual demand. The demand-suppy mismatch indicates that cell oversupply has arrived earlier than expected, according to a recent Ambit Insights report.

Given the current scenario, Premier Energies and Emvee Photovoltaic Power may see potential downside, highlighted Ambit Insights in its report released on Thursday, September 24. Meanwhile, the brokerage continues to remain bullish on Saatvik Green and Suzlon Energy.

Ambit Insights gave a 'Buy' rating for Suzlon Energy share price with a target price of Rs.59 per share. "We model Suzlon using DCF. Our TP of Rs.59 implies 31x FY28 EPS," stated the brokerage in its rep...