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HomeNewsBusinessIPOAcme Solar Holdings: Performance does not merit investment in IPO

Acme Solar Holdings: Performance does not merit investment in IPO

A static top line and an inconsistent bottom line elevate the stock valuation to a great extent

November 07, 2024 / 15:13 IST
Acme Solar Holdings: Performance does not merit investment in IPO

The valuation appears quite high considering the project risks, business complexity, long asset gestation periods, regulated operations, volatile cash flows, and reliance on debt

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More