Shares of continued their upward momentum on Wednesday, rising 3.45 per cent to close at Rs 105.03 on BSE. With this, the stock has rebounded 24.15 per cent from its 52-week low of Rs 84.60, touched on March 3 this year. The renewable energy arm is a wholly owned subsidiary of state-run . Advertisement

The recent upmove follows a series of positive developments, including the company's reclassification as a Schedule A Central Public Sector Undertaking (CPSE) by the government.

Prior to this, the company also signed a Memorandum of Understanding (MoU) with Paradip Port Authority to explore collaboration in green hydrogen projects, aligning with India’s broader clean energy transition plans.

With that being said, market experts largely remain divided on whether the current rebound marks

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