Premier Energies Receives Fresh Stock Target From Jefferies After It Sees Strong Growth From Order Book and Expansion; Check the Upside
India, Sept. 24 -- India's solar manufacturing space has been getting crowded lately, with new plants coming up every few months and everyone fighting for a bigger slice. Cell making, the harder part of the chain, is where most players want to be now. So whenever a quarterly result lands, investors look past the headline and check if money is really being made, and if the expansion is being paid for properly.
Premier Energies shares closed at Rs 910.35, up 0.04% from the previous close of Rs 910. Market cap is around Rs 41,325 crore, and the stock trades at a P/E of 24.69 on consolidated numbers, which just means investors pay about Rs 24.69 for every Rs 1 of yearly profit.
Profit Runs Ahead of Sales
For the June 2026 quarter, consolid...
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