u/Plane_Pen_1520

What is this GST levied on and what is the amount? Will It always be this much?

[effacé]

Bought it a couple of months back when the PE was 24. Now it's 34 which is above the industry average.

Also they just launched a new product, i.e. All Black G12R DCR Solar Modules. But don't know if there is a significant impact on the performance and sales.

I bought it because India's current capacity for solar module manufacturing is ~170 GW, and the aim is to achieve a capacity of 500GW by 2030. And Premier along with Waaree Energies is one of the big players in the market.
But I wonder if big companies like Reliance and Adani will outgrow the current leaders, which is why I am uncertain about the long term.

Also Chinese companies might increase the prices for a lot of equipment and materials that these companies import for manufacturing the modules. In that case, companies like Reliance (who import most of their material from Europe) will benefit.

The company has been registering over 100% sales growth for the past 2 years, but don't know how long that can be sustained. Will Premier and Waaree be in the forefront of India's solar adoption in the next decade? If yes, how do you think will they beat the competition? If no, why?

FIIs and DIIs have almost doubled their stakes since Sept 2024, but Public seems to not care as they've reduced the stake from 25% to 16%.

Any takes?