Equity Analysis

Company News

    Saroja Pharma Industries India Ltd
    Industry :  Chemicals
    BSE Code
    ISIN Demat
    Book Value()
    91651
    INE0PCL01011
    36.4172043
    NSE Symbol
    P/E(TTM)
    Mar.Cap( Cr.)
    SAROJA
    21.72
    19.04
    EPS(TTM)
    Face Value()
    Div & Yield %:
    2.18
    10
    0
     
Insolation Energy Ltd
Insolation Energy’s arm gets land allotment for manufacturing facility in Madhya Pradesh
Jan 10,2025

The early allocation of land is one step forward in aligning its aspirations of $1 billion of revenue. This unit will be the fourth and largest manufacturing capacity of the Insolation Group, where the company will double the existing solar module manufacturing, adding solar cell manufacturing & aluminum framing for backward integration, it added.

With this capacity expansion, the total cumulative capacity of the Insolation group will reach 8 GW of solar module manufacturing, 3 GW of solar cell manufacturing, and 36,000 MT of aluminum frame manufacturing.

This significant increase in manufacturing capacity will strengthen the company's position in the solar industry and enable it to meet growing demand while enhancing its integrated production capabilities.

Insolation Energy is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes.

The company’s consolidated net profit zoomed 307.65% to Rs 61.27 crore on 119.83% increased in reveneue from operations to Rs 612.02 crore in Q2 FY25 over Q2 FY24.

The scrip declined 3.61% to currently trade at Rs 3,048.40 on the BSE.