When the stock markets around the world were falling in the months of March and April, even the Indian stock market was falling historically. Even the biggest stocks which were considered to be fundamentally very strong were falling flat in April and made the investors cry tears of blood. At such a time, a small Alpex Solar Green Energy stock from the Green Energy Sector was performing well. Which gave better returns to the investors even in difficult times.

Yes, we are talking about Alpex Solar share . Whose market cap is just Rs 1837 crore. It gave a tough competition to big players and even ignored the negative global sentiment and earned a huge profit of 35.69% to its investors.

In the month of April, after opening at ₹ 566, the stock made a high of ₹ 837 and the stock closed at ₹ 769 on the last day of the month. Alpex Solar (ALPEXSOLAR-SM) share made a huge profit of 35.69% to its investors in just one month.

What Alpex Solar company does:

The way Alpex Solar Share has made huge profits for its investors. In such a situation, it is very important to know what Alpex Solar company does and in which field it works. Let’s know:

Alpex Solar was established in 1993, when the company entered the global market as an international trading house, specializing in the trading of synthetic yarns and knitting machinery components since its inception. But the story of Alpex did not stop here. The visionary thinking of the founder of this company led Alpex Solar company on a new path – first the company diversified into wind power generation, and then later a turning point came when Alpex made itself a part of the solar energy revolution and moved towards the solar energy revolution.

Since 2005, the company has strengthened its identity as a reputed and reliable manufacturer of solar photovoltaic (PV) panels at a time when there was not much competition in the sector. Alpex Solar Limited benefited from the same and today, Alpex Solar Limited (ALPEXSOLAR-SM) is proudly listed on NSE Emerge, an important global supplier of highly specialized high power PV modules and solar systems. Let us tell you that, the company has given this information on its about us page.

Alpex Solar company stated on its about us page that its vision is to drive the renewable energy revolution by reducing greenhouse gas emissions and dependence on fossil fuels to ensure a brighter and sustainable future for generations to come. To achieve this, the company is committed to manufacturing the most energy efficient solar modules at the most affordable prices.

Reasons why Alpex Solar Share surged 35.69% in April:

There are many reasons behind the 35.69% surge in Alpex Solar Share such as its financial performance, expansion plans, production facility, and its strong customer network etc.

financial performance:

Alpex Solar recently presented its financial report. According to it, the company performed brilliantly in its financial year 2024, which indicates strong growth of the company.

Alpex Solar Company in its financial report 2024, recorded a great growth of 121% in its operating revenue, taking the company’s operating revenue to ₹ 404.43 crores. The company also made remarkable progress on the profitability front, where the company’s EBITDA jumped by 206% to a record ₹ 37.58 crores. The most impressive growth was in net profit. Alpex Solar Company earned a massive net profit of 680% in its financial year 2024, reaching ₹ 29.05 crores, which attracted investors to buy shares.

Expansion plans

Alpex Solar has an ambitious vision for its future. The company unveiled a significant expansion plan in September 2024, aiming to double its photovoltaic solar module production capacity from 1.2 GW to 2.4 GW by FY 2025-26. This expansion is a testament to Alpex Solar’s growth momentum and their commitment to a green energy future.

Strong customer network

Alpex Solar company has a strong customer network. Which is always ready to solve every problem of its customers. They also give a 5-year warranty for repairs after selling their products. Along with this, they also help their customers in getting approval of schemes and providing loans in an easy way to sell their projects under government schemes.

Contract:

Alpex Solar recently signed a contract with Uttar Pradesh State Industrial Development Authority (UPSIDA) to purchase land in Kosi Kotwan, Mathura to expand its total PV module capacity in North India. The land is spread over 7 acres and is located very close to National Highway 19, which offers excellent logistics and vendor support. This new contract will allow the company to complete its 2.4 GW capacity of PV modules by the end of 2025.

Is Alpex Solar stock attractive for investment?

Looking at the past performance, financial strength and future plans of Alpex Solar Company, this stock definitely looks attractive for investors. But still some things must be kept in mind. Like,

1. Strong financial performance: How it looks ahead
2. How are the ambitious expansion plans progressing?
3. Whether there is a strong customer network and stability in contracts.
4. Whether its presence in the green energy sector is getting stronger or not.
5. The market trend should also be monitored.

(Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Investing in the stock market is risky. Consult your financial advisor before investing.)