Bengaluru, July 11 -- A key player in the renewable energy sector has caught investor attention with a sharp rally, driven by bullish brokerage views and strong capacity expansion plans aligned with India's green energy goals.

Price action With market capitalization of Rs. 17,514cr, the shares of ACME Solar Holdings Ltd were currently trading at Rs. 287.08 per share with today's high of Rs. 289.24 with nearly 10% up from previous closing of Rs. 262.95 per share. Over the past four sessions, the stock has surged around 15%.

News The rally follows Elara Capital's initiation of coverage on the stock with a 'Buy' rating and a target price of Rs. 325, suggesting a 13% upside from current levels. The brokerage highlighted India's aggressive g...