India’s solar panel makers line up for IPOs, but how long will the party last?

The successful listings of Premier Energies and Waaree Energies show a strong appetite for solar manufacturing firms. But investors should be wary of betting on a sector thriving mostly on the back of trade barriers.

05 November, 202411 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Business
Story image

Pushed into rescuing KTM, Bajaj must now steer it out of trouble

The Pune-based automaker will have to completely revamp the operations of its near-bankrupt Austrian partner to reap the upside of a stable of high-end motorcycles and their enduring appeal.

Business
Story image

Bajaj Auto is revving to take electric three-wheeler top spot too

A late entrant, Bajaj is already the No. 2 player in electric three-wheelers. It is now banking on its ‘Chetak strategy’ to take the lead.

Internet
Story image

Urban Company’s growth has hit India’s income divide reality

Last valued at upwards of $2 billion, the beauty and home services business gearing up for an IPO is too small and too susceptible to market challenges. Its draft papers are worth a look.