Stock on Radar – SW SOLAR
SWSolar: Opportunity Amidst Market Corrections
SWSolar, a prominent player in the renewable energy sector, is gaining traction among investors for its strong financial performance and strategic growth potential. With a projected revenue of ₹3,700 crore for FY24-25 TTM basis and a robust order book of ₹8,000 crore, the company is demonstrating its operational resilience and efficiency.
Notably, SWSolar has achieved net profitability, Its stock price has corrected from ₹800 to ₹509 and looking attractive.
The company’s growth story is further validated by rising institutional investor confidence. During the September 2024, foreign institutional investors (FIIs) increased their stake from 10% to 14%, while domestic institutional investors (DIIs) raised their holdings from 9.09% to 9.7%. These moves reflect a bullish sentiment towards SWSolar’s long-term growth potential.
As the renewable energy industry continues to expand, SWSolar is well-positioned to benefit from the global transition to sustainable energy solutions. However, investors are urged to conduct thorough research and seek advice from a registered financial advisor before making any investment decisions.
Disclaimer: This is not a stock recommendation. The information provided is for educational purposes only. Investors should perform their own research or consult a registered financial advisor to align investments with their financial goals and risk tolerance.