CEO Resigns, Stock Down 21%: Is This Renewable Giant Ready For A Big Comeback?
Автор: NDTV Profit
Загружено: 2026-01-01
Просмотров: 10071
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A major renewable energy player is under focus after its CEO resigned and the stock fell nearly 21% from 2025 highs. The company has appointed a long-serving internal executive to take over leadership, ruling out any interim arrangement.
Despite near-term headwinds, the company is pushing ahead with large capacity expansions across solar modules, cells, inverters, battery energy storage systems and green hydrogen. Management has reaffirmed its FY26 EBITDA guidance of ₹5,500–6,000 crore, even as export-related uncertainties and global trade challenges persist. Investors are now watching whether strong fundamentals can drive a turnaround.
#stockmarket #sharemarket #renewableenergy
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