In a big boost to domestic solar companies, the India's Ministry of New and Renewable Energy (MNRE) announced the reimposition of the Approved List of Models and Manufacturers (ALMM), effective from 1 April 2024. This basically means that solar rooftop and open access projects will have to procure modules from ALMM approved manufacturers. This is a big positive for all the solar module manufacturers enlisted under the ALMM. To give a little context... ALMM was suspended from March 2023 due to concerns over an inadequate supply of domestically made modules to meet demand. The ALMM was set to be reimposed from April this year, as announced by MNRE in February 2024. Only back then, MNRE stated that the ALMM would not apply to projects "set up under open access" and rooftop solar projects by private parties. However, the latest announcement from MNRE has brought about a change, eliminating these exemptions for these projects. Among the listed companies, the manufacturers enlisted under the ALMM include - WEBSOL
2 things incorrect. 1. Reliance didn't dilute its stake ar 365. Just that QIP resulted in more equity and thus the percentage of reliance holding got reduced. 2. Company didn't not cancel the contracts during COVID time when the RM prices shot up. It was the module and other suppliers who didn't honour their contracts and the company still fulfilled their contractual obligations even by taking losses. Arbitration cases still pending, and already the company has received compensation award in few cases from the arbitration settlement wit those suppliers. Im tracking this company since Feb 2020. Currently holding free shares of the company, as I hav taken out my cost. My avg price was 144.
Truely. could you share your research if you have done on it , this video is very basic and does not give any conviction? any pdf or twitter link you have where can get deep dive into the company ? m also invested in it but recently, looking to build conviction with additional data. thank you.
Arvind Fashion has the same story and i think it is on the same path. Company having brands like U.S Polo,Calvin Klein,Tommy Hilfiger, Arrow & Flying Machine. It was in losses but recently its became profitable
Sahil very good to hear this turn around story of loss making company... I am also researching for a turn around loss making company... in this effort I came across one another company named- DU Digital Global; This also has a struggling fundamental but FII are continiously increasing their stake + Ashish Kchaoliya ji is also increasing his stake in DU DiGiTAL GLOBAL, Could you plz do one detailed anlysis on DU DiGiTAL GLOBAL tooo.... it wud be a great great help..
Eicher motor is the manufacturer while Sterling Wilson is an EPC. So it won’t be fair comparison for turnaround story. Sterling and Wilson have undertaken over $1B worth of Solar farm projects in Australia and badly getting burnt by Liquidated damages due to delayed project completion. So not all is green with this company. Investors be aware of this as well!
The price of this share has fallen by around 20 pc now to 660 levels. Sales have also fallen inspite large order book. I understand forward looking etc in share market but at the ridiculous opm the risk is too much
@@saravana8500I booked full profit in this stock coz promoter holding decreased from 52.92 to 45.75% & I invested the amount in premier energies which is way far better than swsolar.
Coming to stock and option I will always be grateful and thankful to Mr Ronal’ for giving me the knowledge and helping me recover my loss from the market 💯
Thanks for the awesome video Sahil! Wanted to check if the company is still entering contracts on fixed price basis and if yes, how is it mitigating risk of price hike of raw materials.
Good Coverage. All set well except Valuation. Considering 23.3 Cr Shares it's P/E turn to be 100+ now. For FY25, If Full year revenue turns to be 9000 Crore (Ex RIL & Nigeria) then apx. Net margin 3.5% implies 315 Crore -35Crore interest roughly. Net Profit=280Cr. EPS =280/23= apx. 12. P/E then turns to be 800/12=66. Though potential are sky rocketing. High Valuations turns it be High Risk High Reward Game. Thx for Posting. Kindly, suggest correction if there is a mistake in a calculation.
Still, I am not convinced, have doubt on this company. Whenever in doubt, better stay out.... There are many other companies which are doing great, then why to run behind it.
another point- the parent company shapoorji pallonji are a big global construction co, and rel is big in india. So, contacts in India and outside to get new businesses.
-Link to explore my exclusive weekly video series: www.sahilbhadviya.in/
IDFC 1ST Q4 ????
HUL REVIEW too much down
Hi Sahil,
You shown Reliance took at 275/- per share. But you told 375/- ?
Can you please confirm this point.
In a big boost to domestic solar companies, the India's Ministry of New and Renewable Energy (MNRE) announced the reimposition of the Approved List of Models and Manufacturers (ALMM), effective from 1 April 2024.
This basically means that solar rooftop and open access projects will have to procure modules from ALMM approved manufacturers.
This is a big positive for all the solar module manufacturers enlisted under the ALMM.
To give a little context... ALMM was suspended from March 2023 due to concerns over an inadequate supply of domestically made modules to meet demand.
The ALMM was set to be reimposed from April this year, as announced by MNRE in February 2024. Only back then, MNRE stated that the ALMM would not apply to projects "set up under open access" and rooftop solar projects by private parties.
However, the latest announcement from MNRE has brought about a change, eliminating these exemptions for these projects.
Among the listed companies, the manufacturers enlisted under the ALMM include - WEBSOL
100 % thanks a lot for your research
Ur Chanel is worth watching for investors ❤
Thank's Sahil, you are a gem and truely a guide. Really appreciate your hard work.
Appreciate your labour and enterprise that went into this presentation.
2 things incorrect.
1. Reliance didn't dilute its stake ar 365. Just that QIP resulted in more equity and thus the percentage of reliance holding got reduced.
2. Company didn't not cancel the contracts during COVID time when the RM prices shot up. It was the module and other suppliers who didn't honour their contracts and the company still fulfilled their contractual obligations even by taking losses. Arbitration cases still pending, and already the company has received compensation award in few cases from the arbitration settlement wit those suppliers.
Im tracking this company since Feb 2020. Currently holding free shares of the company, as I hav taken out my cost. My avg price was 144.
Truely. could you share your research if you have done on it , this video is very basic and does not give any conviction? any pdf or twitter link you have where can get deep dive into the company ? m also invested in it but recently, looking to build conviction with additional data. thank you.
Pls share any thread or solid input pls
You are really making difference.Thank you❤
Arvind Fashion has the same story and i think it is on the same path. Company having brands like U.S Polo,Calvin Klein,Tommy Hilfiger, Arrow & Flying Machine. It was in losses but recently its became profitable
nah its brand concepts who has the IP for tommy
@@masteroogway9281 not for the apparel likes clothes etc. brand concept has the IP only for accessories
Capital & Gains channel has predicted its turnaround just before q4 results
Just superb... fantastic research and info..keep it up dude
Boss...my average buy price of Rs 310/- and it is my top holding 😊 atlast you are covering it
Really appreciable!
Thank you so much. God bless you 👍
Need update on this , stock is falling sharply
Very Good Research and Presentation..
Since this video, the share price of sterling wilson has only corrected, by more than 35% now.
साहिल भाऊ तुमचा शर्ट छान आहे मलाही असेच कपडे आवडतात
Tuzya tar aai ghalya
Excellent analysis. Keep up the good work 👍
Great insight... Damn... Thanks sir
Great video Sahil , thank you so much
Very good research ❤
I researched and invested at lower levels and still holding. Your analysis is Awesome.
Sahil very good to hear this turn around story of loss making company... I am also researching for a turn around loss making company... in this effort I came across one another company named-
DU Digital Global; This also has a struggling fundamental but FII are continiously increasing their stake + Ashish Kchaoliya ji is also increasing his stake in DU DiGiTAL GLOBAL, Could you plz do one detailed anlysis on DU DiGiTAL GLOBAL tooo.... it wud be a great great help..
Excellent Sahil 🎉
Very informative. Thank you so much for your time and effort.
Nice Study and Analysis
Thankyou shail good analysis
very good analysis....thanks a lot
Eicher motor is the manufacturer while Sterling Wilson is an EPC. So it won’t be fair comparison for turnaround story. Sterling and Wilson have undertaken over $1B worth of Solar farm projects in Australia and badly getting burnt by Liquidated damages due to delayed project completion. So not all is green with this company. Investors be aware of this as well!
thanks for sharing these valuable input.
appreciate your hard work.
Thanks for this insightful video
As usual fantastic analysis bro..Thank you..
Great research sahil
The price of this share has fallen by around 20 pc now to 660 levels. Sales have also fallen inspite large order book. I understand forward looking etc in share market but at the ridiculous opm the risk is too much
Well researched and narrated Sahil
Sahil - Thank you very much for this beautiful and informative video.
GOD BLESS YOU
Yes God bless you Sahil ji
Great coverage 👍
Very useful vedio.
Sir you are doing good 👍 analysis thank you
Akshat already spoken about this stock, i have aggregate this stock at @488 when it recently fell
Congtatz from Bangalore..superb analysis.
Thank you for your help,
thank u sahil🎉
Thankyou very much
Purchase started from diwali 2021 from 443 then average @294, sold @336 6-7 months back
Dear Sahil, Admiring to your content and analysis video. Its really worth of watching. Thanks for your valuable time.
Your channel is worth viewing for investors
Awesome update
Great video ❤
Very informative and valuable information sir
Already purchased on 22 April at 580.
It's upcoming multi bagger.
Thank you for enlightening us
Now its 490
Did u average it
@@saravana8500I booked full profit in this stock coz promoter holding decreased from 52.92 to 45.75% & I invested the amount in premier energies which is way far better than swsolar.
It's 440 now
@@TheInnerMee Sold at 641₹ on 5 august recently holding premier energies.
Dear Sahil, great analysis. May God bless you. Keep your great work going.
Nice analysis done on SW solar . Thk u Sahil Sir
Great information 👍
thankyou sahil
Thanks a lot, Sahil. I bought this stock sometime back and was thinking of selling it. Got a better picture now Stay blessed.
Nice analysis sir thank you
Absolutely great - Thank You Sahil for bringing this turnaround story (probably). Fingers crossed. :)
Thanks 🙏
Bought it @275 has turned out to be a multibagger but will give more returns due to stable order book
How did u get know about this stock during that price
Coming to stock and option I will always be grateful and thankful to Mr Ronal’ for giving me the knowledge and helping me recover my loss from the market 💯
he’s mostly on Telegrams, using the user.
@R o n a l f x 2.
Sir Ronal’ has offered profits to investors who wish to recover losses including myself and it's a great honor to be part of them 🥳
Thank you Ronal’ for your TA 💯. I'm excited how my trading is going so far. I'm on $1m challenge right now. Already earning $35k weekly
Thank you so much, Sir Ronal' I never imagined to receive 8 lakhs rupees after investing in my trades with you. God is going to continue to bless you.
SW Solar , Sterling & Wilson Solar
Please consider researching Varroc Engineering
Thank you Sahil... I've it already...😊
Loaded big time - 4.25 % of portfolio at 469 Rs and waiting patiently 😊
Sahil, is this still a good buy as price looks attractive?
Yes liked n shared in my circle
❤ for this video
Thanks for the awesome video Sahil! Wanted to check if the company is still entering contracts on fixed price basis and if yes, how is it mitigating risk of price hike of raw materials.
Sterling & Wilson Renewable Energy (SW. Solar )
Your value towards your community will increase directly proportional to markets 😅📈 and will be 2x
thank you so much sir for your efforts
Your commitment have to appreciated sir. Very great sir.
Thank you very much sir
Good fundamental video.. Technically uc Lc stock but in momentum now
this video was extremely informative.. how do you even find such gems Sahil?
Awesome content
Wow! Super analysis.
Yes. It's worth in investing in this stock..
Please review this stock again. It's moving in a range, just Reliance promoter label not helping
Very nice analysis
good video.. yes we can invest
Good work.
Very well done video, Sahil. Looks like a very solid company, especially with Reliance's weight behind it. Please do a video on Websol as well.
Sir Daily this share going down, anyone please suggest hold/exit/accumulate ?
Phoenix move by sw solar ❤️🔥
Good work
Nice analysis
Thanx
Good analysis, worth taking a bet
Thanks
Good Coverage. All set well except Valuation. Considering 23.3 Cr Shares it's P/E turn to be 100+ now. For FY25, If Full year revenue turns to be 9000 Crore (Ex RIL & Nigeria) then apx. Net margin 3.5% implies 315 Crore -35Crore interest roughly. Net Profit=280Cr. EPS =280/23= apx. 12. P/E then turns to be 800/12=66. Though potential are sky rocketing. High Valuations turns it be High Risk High Reward Game. Thx for Posting. Kindly, suggest correction if there is a mistake in a calculation.
Please cover TVS Suppy chain
Still, I am not convinced, have doubt on this company.
Whenever in doubt, better stay out....
There are many other companies which are doing great, then why to run behind it.
Excellent
Yes worth taking risk
Not taking risk is a big risk
Finally, a solar stock from you.
Soon after meger with Reliance, company started getting huge government projects, needless to say the reason.
Suggest suzlon energy future prospects after two years?
Hi sahil, very good informative vedio.your research always give good returns.Thank u.
Very nice 👍
This guy make video when whole world know abt it
Then y r u wasting time here
U make then
Can uh please give a analysis for Refex industries
another point- the parent company shapoorji pallonji are a big global construction co, and rel is big in india. So, contacts in India and outside to get new businesses.