Websol energy system ltd

Current Challenges for websol:

1. Too many big players are entering into this space Solar manufacturing and epc business like Tata power, Adani, newly listed premier etc.
   2 Many are also working on backward integration. This space is getting overcrowded due to favourable government policies for green energy.
2. In this space many companies have big order book unlike websol.

Opportunities:

1. Websol is still trading at cheap valuation 35-40 forward pe based upon last quarter earnings. I think websol will also catch up premium valuation once it show good QoQ results.
2. Their full capacity utilisation will be completed within 8-12 months which offer lucrative opportunities.

However, I recently added more quantity but still I am trying to figure out weather should I hold it for long term? My main worry is competition in this space. Please share your knowledge in this regard. Thank you

Disc: 30% of my portfolio invested in this stock.