Decisions

Buy / Hold / Sell engine · weighted across 7 inputs

Buy

Hold / Watchlist

Hold

Sell / Avoid

Decision rationale

Weights: fundamental 30 · valuation 20 · technical 20 · solar exposure 10 · policy 7.5 · pipeline 5 · governance 7.5

Company	Fundamental	Technical	Valuation	Exposure	Policy	Pipeline	Governance	Decision
Waaree Energies Solar Modules	89	67	71	98	90	88	80	Buy
Websol Energy System Solar Cells	80	67	77	92	78	72	80	Buy
Insolation Energy Solar Modules	89	49	78	88	68	70	80	Hold
KPI Green Energy C&I Open Access	74	64	84	92	82	80	55	Hold / Watchlist
Premier Energies Solar Cells	89	68	40	96	92	85	80	Hold
NALCO Aluminium Frames	87	78	87	18	55	55	80	Hold
Oriana Power C&I Open Access	81	51	61	90	78	80	80	Hold
Genus Power Smart Metering	74	69	66	45	88	90	80	Hold / Watchlist
Power Grid Corporation Transmission & Grid	49	77	83	55	92	95	80	Sell / Avoid
Alpex Solar Solar Modules	81	50	63	85	65	60	80	Hold
Tata Power IPP / Developer	60	73	67	78	85	90	55	Hold
NTPC IPP / Developer	56	78	85	35	78	80	80	Hold
Refex Renewables & Infrastructure EPC	73	45	84	70	60	60	80	Hold
Apar Industries Cables & Conductors	88	70	23	65	82	88	80	Sell / Avoid
HPL Electric & Power Smart Metering	67	51	89	38	80	75	80	Hold
Vedanta Aluminium Frames	67	77	89	20	50	50	80	Hold
Amara Raja Energy & Mobility Storage	67	57	90	32	70	72	80	Hold
KEC International Transmission & Grid	59	45	90	70	75	80	80	Hold
Kalpataru Projects International Transmission & Grid	49	77	80	60	70	75	80	Sell / Avoid
Sterling and Wilson Renewable Energy EPC	71	51	68	95	60	75	55	Hold
Polycab India Cables & Conductors	93	71	23	45	70	80	80	Sell / Avoid
Solex Energy Solar Modules	64	55	62	90	70	68	80	Hold
Transformers and Rectifiers India Transmission & Grid	77	48	55	60	82	85	80	Hold
Techno Electric & Engineering Transmission & Grid	71	58	56	62	75	78	80	Hold / Watchlist
HBL Engineering Storage	87	64	42	30	70	78	80	Hold
Indian Energy Exchange Power Trading	85	44	60	40	70	65	80	Sell / Avoid
ACME Solar Holdings IPP / Developer	47	72	62	96	80	85	35	Sell / Avoid
Hindalco Aluminium Frames	50	76	87	22	55	60	80	Hold
RR Kabel Cables & Conductors	81	74	34	32	60	65	80	Hold
Hindustan Zinc Specialty Chemicals	78	68	66	15	40	40	80	Hold
KEI Industries Cables & Conductors	73	74	29	42	70	78	80	Sell / Avoid
Adani Energy Solutions Transmission & Grid	66	79	29	60	78	82	55	Sell / Avoid
Zodiac Energy EPC	54	50	76	80	60	55	55	Hold
Power Finance Corporation Financing	43	74	78	50	78	80	35	Sell / Avoid
Gensol Engineering EPC	65	38	96	80	30	25	35	Sell / Avoid
IREDA Financing	42	50	65	95	92	95	35	Sell / Avoid
GHCL Specialty Chemicals	52	50	93	25	55	50	80	Hold
Suzlon Energy IPP / Developer	76	53	47	25	50	75	80	Hold
JSW Energy IPP / Developer	42	79	47	65	78	88	55	Sell / Avoid
CG Power Transmission & Grid	73	73	7	45	70	82	80	Sell / Avoid
Servotech Renewable Power System Inverters	58	53	30	78	85	65	80	Hold
Reliance Industries Solar Cells	48	52	83	15	60	72	80	Sell / Avoid
NTPC Green Energy IPP / Developer	43	63	23	95	90	92	80	Sell / Avoid
ABB India Inverters	74	64	13	35	65	75	80	Sell / Avoid
REC Financing	48	50	69	50	78	80	35	Sell / Avoid
Finolex Cables Cables & Conductors	48	72	55	30	55	50	80	Sell / Avoid
Adani Green Energy IPP / Developer	55	69	7	95	88	98	35	Sell / Avoid
NHPC IPP / Developer	38	58	71	40	65	60	80	Sell / Avoid
Exide Industries Storage	35	57	74	35	70	70	80	Sell / Avoid
Inox Wind IPP / Developer	58	45	66	22	50	65	80	Hold
Havells India Cables & Conductors	72	45	37	25	55	50	80	Hold
Hindustan Copper Cables & Conductors	71	65	13	18	60	55	80	Sell / Avoid
Adani Enterprises Solar Modules	29	76	22	55	95	92	80	Sell / Avoid
SRF Specialty Chemicals	51	58	49	20	50	55	80	Hold
Borosil Renewables Solar Glass	34	62	16	100	70	65	80	Sell / Avoid
SJVN IPP / Developer	34	52	56	55	70	65	55	Sell / Avoid
Siemens India Transmission & Grid	42	69	11	30	65	70	80	Sell / Avoid
Tata Chemicals Specialty Chemicals	NaN	55	69	28	55	55	80	Hold