GENERAL24 Sept 2026
Buy Suzlon, Saatvik Green; Sell Premier Energies, Emmvee Photovoltaic Power: Ambit Insights | Target price, upside | Stock Market News
Ambit Insights has cut Emmvee Photovoltaic Power to 'Sell' and flagged downside for Premier Energies, while staying bullish on Saatvik Green and Suzlon Energy. It says India's module capacity now beats yearly demand of 65-84 GW expected between FY27 and FY32, so cell oversupply has arrived early. All four stocks traded lower. If you hold solar shares, review them calmly.
Key Statutory Highlights
- Ambit Insights kept a 'Buy' rating on Suzlon Energy with a target price of ₹59 per share.
- Premier Energies was downgraded to 'Sell' by Ambit Insights with a target price of ₹825 per share.
- Emmvee Photovoltaic Power was cut to 'Sell' with a target price of ₹315 per share.
Actionable Advice for Taxpayers / Founders:If you hold or plan to buy solar energy stocks, treat this as one broker's opinion only. Check your own goals and speak to a registered investment adviser before you buy or sell.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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