Solar Stock Hits 10% Upper Circuit as Its Order Book Hits All-Time High After Strong Q4
India, April 29 -- A Bengaluru-based integrated solar manufacturer jumped 10 percent on April 28, 2026, after reporting a 116 percent revenue surge and near-tripling of full-year profits. With an order book that nearly doubled to 9.4 GW during FY26 anchored by a 4.5 GW deal running through 2030, the company is signaling multi-year revenue visibility from its first full fiscal year as a listed entity.
With a market capitalization of approximately Rs. 20,227 crore, the shares of Emmvee Photovoltaic Power Limited were trading at Rs. 299.51 per share, up by 10 percent hitting the upper circuit from their previous closing price of Rs. 272.24 apiece. It is trading at a P/E of approximately 19x.
Q4 FY26 and Full-Year Financial Performance
The...
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