Rs3,400 Cr Order Book, 4 GW Capacity and Rs4,500 Cr FY28 Revenue Target - Why Did This Solar Stock Fall 60%?
India, Aug. 17 -- Sometimes a stock chart and a company's actual business don't seem to match up at all. Investors have been dumping this share for weeks now, and today it fell hard again. Yet the same company is talking about a massive expansion plan and an order pipeline that's grown fatter, not thinner. Let's break down what's actually happening.
Solex Energy is currently trading at Rs782.00, down Rs97.85 or 11.12% from the previous close, and has hit a fresh 52-week low today. The stock has now fallen close to 60% from its 52-week high of Rs1,985.00 touched back in November 2025. The company's total market cap stands at Rs845.13 crore, with the stock trading at a P/E of 11.62.
Why the Stock Is Falling
Honestly, the Q1 FY27 numbers e...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.