Technical Analysis:
Currently taking support at .78 fib we can expect a bounce from here or may consolidate for a while before making any further move.
Expecting this to be a multibagger, looking at the order book and backing of RIL group
In the Q4 FY2024 earnings call, the company reported total order inflows of approximately ₹6,023 crores, marking a 37% increase compared to the previous fiscal year. Notably, Sterling and Wilson secured international orders from Spain and Italy after a three-year hiatus, aligning with their strategy to mitigate risks associated with module price fluctuations.
These developments indicate a robust order pipeline and strategic international expansion, potentially enhancing the company's revenue streams and market position in the renewable energy sector.
Currently taking support at .78 fib we can expect a bounce from here or may consolidate for a while before making any further move.
Expecting this to be a multibagger, looking at the order book and backing of RIL group
In the Q4 FY2024 earnings call, the company reported total order inflows of approximately ₹6,023 crores, marking a 37% increase compared to the previous fiscal year. Notably, Sterling and Wilson secured international orders from Spain and Italy after a three-year hiatus, aligning with their strategy to mitigate risks associated with module price fluctuations.
These developments indicate a robust order pipeline and strategic international expansion, potentially enhancing the company's revenue streams and market position in the renewable energy sector.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.