23 Sep 2025 | 3 Mins Read
Premier Energies shares drop following valuation assessment
Flipitmoney
Premier Energies Ltd shares fell 1.3% to ₹1,014 on Tuesday despite Avendus Spark initiating coverage with an "add" rating and ₹1,100 price target, projecting 7% upside. Avendus Spark is optimistic due to favourable macro factors and the company's position as India's third-largest integrated solar module manufacturer, with 30% PAT CAGR predicted.