Indosolar Q2 Results: Net Profit Plunges 89% YoY to Rs5 Cr as EBITDA Margin Falls to 9.5%
India, Oct. 22 -- The company is a solar photovoltaic module manufacturer and a Waaree Group company. Its business is linked to solar module production and the broader renewable energy sector. The company is working through changes in its manufacturing model while its proposed amalgamation with Waaree Energies remains an important corporate development.
The Nifty 50 traded at 22,556.75, down by 1.12.%, while the Sensex fell 73,104.69,down by 0.82%.The shares of Indosolar are currently trading at Rs. 200.25, down by 2.14%. The company has a market capitalization of Rs. 833.11 crore. The stock's 52 week high is Rs. 634.35 and its 52 week high is Rs. 196.02. In the past 6 months it has delivered a return of -59.98%.
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