Bengaluru, May 22 -- India's rooftop solar sector is at an inflection point. With government mandates pushing domestic content requirements and new compliance norms kicking in, solar companies with in-house manufacturing are better placed than those dependent on imports. One listed player has now made a significant move to strengthen that edge.

With a market cap of Rs. 8,182 Crore, the shares of Fujiyama Power Systems Ltd. are trading at a price of Rs. 266.25 per share i.e. 0.66% up from its previous closing price of Rs. 264.5. It is trading at P/E ratio of 26.8.

New Factory, New Technology

Fujiyama Power Systems Limited has announced board approval for setting up a 1.2 GW TopCon solar cell manufacturing facility at its Ratlam plant in...