Company updateCNBC-TV18
Premier Energies sees growth on 16,600 crore order book
Positive+32
GreyOak summary
Premier Energies expects strong growth driven by a ₹16,600 crore order book and capacity expansions. The company plans to scale its transformer business from 2.5 GVA to 17.5 GVA by December, anticipating revenue growth of three to four times over the next three years. Despite margin pressure in the September quarter due to higher commodity prices, the firm remains well-positioned with a newly commissioned 7 GW solar cell facility.
What it affects
- Premier EnergiesPREMIERENEPositive +32
Strong growth expected on large order bookRolling sentiment Positive +39
Source
Read the original at CNBC-TV18More Premier Energies news
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