A green energy business that aims to triple its revenues in 6 years

Learn the business

As many of you may know, the government has been pushing the development of green energy rather aggressively in pursuance of its goal of making India a net carbon neutral country (meaning carbon emitted in the atmosphere and carbon removed from it balance each other out) by year 2070.

When there are long term policy tailwinds in a particular theme, it helps to explore promising businesses within that sector.

I have been studying one such business, whose management has guided for tripling its revenue by 2030. The stock of which has corrected about 25% from top and the valuation, in my view, has become somewhat reasonable (though doesn’t have as good a margin of safety yet as I would have wished).

This stock is …