The company has a market cap of over Rs 25,000 crore and has been maintaining a healthy dividend payout of 35 per cent.

The company’s share has delivered a return of 350 per cent to its shareholders in the past three years.

As of March 2024, the promoters of the company own a 68.81 per cent stake and the rest 31.19 per cent stake is owned by public shareholders.

In the broader market, 1,623 stocks advanced while 2,207 stocks declined, indicating a negative sentiment overall.

Herd behavior in investing leads individuals to follow the crowd, influenced by social pressure and word-of-mouth recommendations. This can result in frequent trading, missed opportunities, and overvaluation, all of which increase costs and risk. Avoiding these pitfalls requires independent research, a disciplined approach, and a focus on long-term goals.

Despite delivering multibagger returns of around 165 per cent over the past year, the stock is currently trading around 25 per cent below its 52-week high of Rs 459 on the BSE.

The stock has delivered a remarkable return of over 440 per cent in the past 2 years.

The stock gave multibagger returns of 300 per cent in just 1 year and a whopping 2,400 per cent returns in 3 years.

This strategic partnership not only aligns with India's increasing demand for reliable power supply but also addresses the country's growing renewable energy sector and grid stability concerns.