ACME Solar shares jump 6% after HSBC raises target price – Check investment rationale

ACME Solar’s stock jumped 6% after HSBC raised its target price from ₹390 to ₹450, recognising the firm’s growth potential in renewable energy. With a year-to-date surge of 74%, ACME is evolving from a pure solar provider to a diversified energy player, but risks remain.ACME Solar’s stock jumped 6% after HSBC raised its target price from ₹390 to ₹450, recognising the firm’s growth potential in renewable energy. With a year-to-date surge of 74%, ACME is evolving from a pure solar provider to a diversified energy player, but risks remain.