Solar stock to ‘Buy’ for over 20% returns: Check share price target – recommendation rationale explained

Nomura has initiated coverage on Clean Max Enviro Energy Solutions with a ‘Buy’ rating and a target price of ₹1,510, indicating over 20% upside potential. The company’s strong tariff economics and capital-efficient model position it well for growth in renewable energy supply.Nomura has initiated coverage on Clean Max Enviro Energy Solutions with a ‘Buy’ rating and a target price of ₹1,510, indicating over 20% upside potential. The company’s strong tariff economics and capital-efficient model position it well for growth in renewable energy supply. 

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