29 Sep 2025 | 3 Mins Read
Nuvama sees 35% upside in this renewable energy stock
Flipitmoney
ACME Solar shares surged 3%, reaching 10% gains in 3 months. Nuvama maintains a Buy rating with a Rs 360 target, implying a 35% upside from current levels. The company won Madhya Pradesh's first solar storage project at record low tariff rates. Upcoming renewable energy targets, increasing tendering activity, and reduced costs support the stock.