In Short : Exide Industries plans to commence lithium-ion cell production by the end of FY26, marking a major step in its battery manufacturing expansion. The company is advancing work on its upcoming giga-factory to cater to growing demand from electric vehicles and energy storage systems. This move is expected to strengthen India’s battery supply […]
Solarworld Energy Solutions Debuts with 11% Premium, Sets Stage for Expansion in India’s Solar Market – EQ
In Short : Solarworld Energy Solutions debuted on the stock market with shares listing at an 11% premium over its IPO price, signaling strong investor confidence. The company plans to use the IPO proceeds to expand its renewable energy operations, strengthen its project pipeline, and capitalize on growing demand for clean power, supporting India’s transition […]
Rayzon Solar Sets Stage for ₹1,500 Crore IPO to Boost Domestic Manufacturing – EQ
In Short : Rayzon Solar, a Surat-based solar panel maker, plans to file draft papers with SEBI for a ₹1,500 crore IPO by June-end. The funds will support manufacturing expansion across its Gujarat plants. With a current installed capacity of 6,000 MW, the company aims to capitalise on India’s growing solar sector after previously raising ₹138 […]