'Buy' Premier Energies Shares Maintains ICICI Securities Post Q2 Results On Strong Tailwinds

6 days ago 6

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ICICI Securities reiterates 'Buy' rating on the stock, sees 20% upside potential.

30 Oct 2025, 04:28 PM IST i

30 Oct 2025, 04:28 PM IST

30 Oct 2025, 04:28 PM IST

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Premier Energies reported an order book of 9.1GW or Rs 132 billion. (Photo Source: company website)

To fuel domestic manufacturing, India’s government has rolled out a power-packed policy mix—PLI incentives, non-tariff barriers such as approved list of models and manufacturers (compulsory local sourcing), and a protective 40% and 25% duty on imported modules and cells, respectively. Premier shall stand to benefit from the push for local.

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