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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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.