Shares of the company have gained more than 250 per cent in the last six months.

The stock is up by 44 per cent from its 52-week low of Rs 291 per share.

Considering the broader market sentiment, approximately 1031 stocks are advancing, closely matching the 961 stocks in decline. This indicates a relatively neutral sentiment across the broader market as the trading session unfolds.

It plays a pivotal role in providing long-term loans and various financial products for the Power sector, encompassing Generation, Transmission, Distribution, Renewable Energy, and cutting-edge technologies such as Electric Vehicles, Battery Storage, and Green Hydrogen.

IPO Rating: Avoid 

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 212.51 points or 0.32 per cent.

The stock gave multibagger returns of 135 per cent in just 1 year and of a whopping 1,500 per cent in 3 years.

The company’s order book stands over Rs 50,000 crore as of August 31, 2023, while its market cap is Rs 45,000 crore.

As of June 30, 2023, the company has a total order book of Rs 14,351 crore. Including the above order, the company’s current order book stands at Rs 17,438.58 crore.

The stock is up by 30 per cent in 3 months and 75 per cent in 6 months.