I will request small investors not to be carried away. The solar power sector is hyped a lot. Just because Waaree and KP are quoting at high elevation should be enough to have caution. And a big negative is that the stock is in SME category. Moreover this sector has no MOJO. No special technology is required here and only factor that counts is execution. So it will be difficult to maintain the growth after this financial year. The company is expected to achieve above 1000 cr turnover in 2025 which will be almost 300% growth. But after this growth will come down. Also margin is bound to come down as cell and module price will not be that cheap due to Govt policy. So it is very risky to enter into a hot stock. All said, the stock may sky rocket in short term as is the trend currently.
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