What's Dragging Oriana Power Shares Down 55% Despite Rs6,800 Crore Order Book and BESS Growth?
India, Sept. 27 -- The article outlines the key factors that are weighing on the share and growth outlook of the company, which is engaged in two main business verticals: providing EPC and operations of solar power projects, and offering solar energy solutions on a BOOT basis.
With a market capitalization of Rs 3,360 crore, Oriana Power Ltd's share closed at Rs 331 per share, up by 8.91 percent from its previous close. The stock of the company gave a negative return of 35 percent over the last year and is trading 46 percent below its 52-week high of Rs 613 per share.
About the Company
Oriana Power is an India-based renewable energy company founded in 2013. It operates mainly in solar EPC, developing rooftop, ground-mounted, and floatin...
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