Pending — not yet graded
“Bullish on Emmvee Photovoltaic with a target price of ₹440 per share, indicating a 36.8% upside. Jefferies expects Emmvee to achieve industry-leading profitability over FY27-30 as the ingot/wafer shortage likely resolves by FY29-30. The stock is in an earnings upgrade cycle supported by its orderbook, with a projected 33% EBITDA CAGR over FY26-29.”
Jefferies Analysis’s track record: 3 graded calls · 95% CI 44–100%
Emmvee PhotovoltaicBullishCalled 01 Sep 2026
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