‘Too Cheap to Ignore’: Jefferies Initiates Coverage on Emmvee Photovoltaic, Sees 70% Uplift

Indian solar manufacturing is entering a phase of rapid scale-up, and Jefferies believes select domestic players are well placed to benefit from this transition. In a new report, the global brokerage initiated coverage on Emmvee Photovoltaic Power with a buy rating and target price of Rs 320, up 70% from current levels, citing strong growth […]

CleanMax gets Sebi nod for Rs 5,200 crore IPO, eyes debt reduction and growth push

Clean Max Enviro Energy Solutions, one of India’s largest commercial and industrial (C&I) renewable energy suppliers, has received Sebi’s approval to launch its IPO worth Rs 5,200 crore. Better known as CleanMax, the company provides sustainable energy and low-carbon solutions to major corporate and industrial customers across India and select overseas markets.The IPO includes a […]

Rates to have lasting impact, correspond to structural domestic themes and monitor these 3 sectors: Dhananjay Sinha

The new round of American rates that are coming today will have a deeper and more long-term impact on the Indian economy and business performance than what is currently priced, warned Dhananjay Sinha, CEO and Co-head, Institutional Shares, Systematix Group. Sinha now told ET that it would be ‘myopic’ to assess the market reaction in […]