President of India-backed solar & wind power stock jumps 11.8 per cent with heavy volume after reporting a 253 per cent jump in net profit
President of India-backed solar & wind power stock jumps 11.8 per cent with heavy volume after reporting a 253 per cent jump in net profit

President of India-backed solar & wind power stock jumps 11.8 per cent with heavy volume after reporting a 253 per cent jump in net profit

The stock is down by 24.2 per cent from its 52-week high of Rs 155.30 per share while it is up by 39.2 per cent from its 52-week low of Rs 84.60 per share.

DSIJ Intelligence-1 Article rating: 4.0

The shares of the company have a PE of 200x, an ROE of 4 per cent and an ROCE of 5 per cent.

10:51 Rights Issue: LIC-Backed Multibagger Penny Stock Under Rs 20 In Green After Expansion of Solar Capacity to An Extent of 25 MW AC
10:51 Rights Issue: LIC-Backed Multibagger Penny Stock Under Rs 20 In Green After Expansion of Solar Capacity to An Extent of 25 MW AC

10:51 Rights Issue: LIC-Backed Multibagger Penny Stock Under Rs 20 In Green After Expansion of Solar Capacity to An Extent of 25 MW AC

The stock gave multibagger returns of 600 per cent in 5 years.

DSIJ Intelligence-1 Article rating: 3.8

As of September 2024, Life Insurance Corporation of India (LIC) owns a 1.31 per cent stake in the company.

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