News

Nuvama Research initiates Buy on Premier Energies shares with a target of Rs 1,270

Nuvama Research has initiated coverage on Premier Energies with a BUY rating, citing strong growth prospects in Indias expanding New Energy ecosystem. Backward integration, rising capacities, supportive policies, and robust cash flows position the company for sustained expansion. Despite medium-term margin pressures, Premier remains well placed to benefit from sectoral tailwinds and emerging technologies.