16 Mar 2026 | 5 Mins Read

Motilal Oswal bets big on solar with 10GWh battery secret

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Motilal Oswal maintains a 'Buy' rating on ACME Solar Holdings with a target price of Rs 341, indicating a potential 34% upside from CMP. The brokerage house expects the company's expanding solar portfolio, long-term power contracts, and energy storage projects to drive strong earnings growth over the next few years, with EBITDA and APAT CAGR growth of 74% and 76% respectively by FY28.