All time high was 310 in July 2024. Market cap is 32000 crore. PE ratio stand at 16.48. PB ratio is 2.35. EPS is 7 rupees. Dividend yield around 1.17 percent. In one year stock drop 22.71 percent. In six month it fall 10.91 percent. Debt to equity ratio is 5.65. ROE is about 14 perce
nt.
Promoter hold 71.76 percent shares. Company is government owned NBFC. It give loan for solar wind and other green projects. Recent quarter revenue was 2250 crore and profit 339 crore. Profit grow but stock keep falling. High debt and market fear make price weak.
Fundamentals look steady with good profit growth. Yet price near year low. Investor wait for better demand in renewable sector. Stock still above IPO price of 32.
Analysis show it may stay weak if market stay soft. Company have strong government support. Numbers show it is not expensive now. But daily fall create worry for short term holders. Long term view depend on India green energy push.
