Key factors to be considered in near future:
1)Japanese PV manufacturers in India - How they are positioned to tackle the semiconductor shortage issue and Domestic demand revival (Covid impact/BS6/Scrappage policy/PV price increase) since PPAP 60% sales depends on them.
2)RM price fluctuations with respect to the current commodity rally since their raw material price is directly proportional to crude price
3)How much they acquire the SOB in Hyundai, Tata and other opportunities available.
Promoter buying showing some promising signs on the above factors.
Disclosure: Invested