06 Oct 2025 | 5 Mins Read
TruAlt Bioenergy shares decline 7% in two trading sessions
Flipitmoney
TruAlt Bioenergy's stock fell 3.3% to Rs 513.10 in 2 trading sessions, down 6.7% from its Rs 550 listing price. Analysts attribute the drop to profit-taking amid concerns over valuations. It operates in a high-growth sector with strong demand for green energy, reports robust financial growth, and is well-placed to benefit from India's renewable energy focus, with a valuation of 29X FY25 earnings.