{"id":64862,"date":"2022-09-23T13:25:00","date_gmt":"2022-09-23T07:55:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=64862"},"modified":"2022-09-23T13:22:04","modified_gmt":"2022-09-23T07:52:04","slug":"renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/","title":{"rendered":"Renewable Energy stock jumps 21% after PLI Scheme; Expert sees further upside of 43%"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3872356320\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The Union Cabinet on Wednesday approved changes in the production-linked incentive (PLI) scheme. In addition, it approved the second tranche of solar PV modules.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4227986798\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Shares of Pallonji Group company, Sterling and Wilson Renewable Energy Ltd gained 9.99% on Friday\u2019s morning trades. The shares reached an intraday high of \u20b9 362.05 apiece after closing at \u20b9 329.15 apiece on Thursday. The markets are in the red, however, the company\u2019s shares escalated by more than 21% in the past four trading sessions.&nbsp;<\/p><p>The second part of the PLI for solar PV modules aims to increase the production of low-cost solar energy and somewhere around \u20b9 19,500 crores has been allocated for the second tranche of the Solar PV modules.&nbsp;<\/p><p>This scheme will make solar companies competitive in the next five years as the highest incentive will be in the first year. Brownfield companies can use the scheme for setting up new projects, after the approval.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-307679545\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Sterling &amp; Wilson Renewable Energy Ltd, backed by the strong parentage of the Shapoorji Pallonji Group, is a leading end-to-end solar engineering, procurement and construction (EPC) solutions provider globally. In addition, it is also engaged in the operation and maintenance (O&amp;M) of solar power projects.&nbsp;<\/p><p><strong>Zee Business reported that Sanjiv Bhasin, a market expert and Director at IIFL Securities, has recommended the stock. He has given a buy call on the shares with a target price of \u20b9 500. The shares were trading at \u20b9 347.80 apiece at 11:35 AM on Thursday and the given target suggests an upside of 43.76%.\u00a0<\/strong><\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Simran Bafna\u00a0<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><figcaption>  <\/figcaption><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3995838228\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The Union Cabinet on Wednesday approved changes in the production-linked incentive (PLI) scheme. In addition, it approved the second tranche of solar PV modules.&nbsp; Shares of Pallonji Group company, Sterling and Wilson Renewable Energy Ltd gained 9.99% on Friday\u2019s morning trades. The shares reached an intraday high of \u20b9 362.05 apiece after closing at \u20b9 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":32851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[],"class_list":["post-64862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Renewable Energy stock jumps 21% after PLI Scheme; Expert sees further upside of 43% - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renewable Energy stock jumps 21% after PLI Scheme; Expert sees further upside of 43%\" \/>\n<meta property=\"og:description\" content=\"The Union Cabinet on Wednesday approved changes in the production-linked incentive (PLI) scheme. In addition, it approved the second tranche of solar PV modules.&nbsp; Shares of Pallonji Group company, Sterling and Wilson Renewable Energy Ltd gained 9.99% on Friday\u2019s morning trades. The shares reached an intraday high of \u20b9 362.05 apiece after closing at \u20b9 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-23T07:55:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Solar-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Solar-Cover-Image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/\",\"url\":\"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/\",\"name\":\"Renewable Energy stock jumps 21% after PLI Scheme; Expert sees further upside of 43% - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Solar-Cover-Image.jpg\",\"datePublished\":\"2022-09-23T07:55:00+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Solar-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Solar-Cover-Image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Renewable Energy stock jumps 21% after PLI Scheme; Expert sees further upside of 43%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Renewable Energy stock jumps 21% after PLI Scheme; Expert sees further upside of 43% - Trade Brains Features","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/","og_locale":"en_US","og_type":"article","og_title":"Renewable Energy stock jumps 21% after PLI Scheme; Expert sees further upside of 43%","og_description":"The Union Cabinet on Wednesday approved changes in the production-linked incentive (PLI) scheme. In addition, it approved the second tranche of solar PV modules.&nbsp; Shares of Pallonji Group company, Sterling and Wilson Renewable Energy Ltd gained 9.99% on Friday\u2019s morning trades. The shares reached an intraday high of \u20b9 362.05 apiece after closing at \u20b9 [&hellip;]","og_url":"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2022-09-23T07:55:00+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Solar-Cover-Image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_image":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Solar-Cover-Image.jpg","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/","url":"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/","name":"Renewable Energy stock jumps 21% after PLI Scheme; Expert sees further upside of 43% - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Solar-Cover-Image.jpg","datePublished":"2022-09-23T07:55:00+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Solar-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Solar-Cover-Image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/renewable-energy-stock-jumps-21-after-pli-scheme-expert-sees-further-upside-of-43\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Renewable Energy stock jumps 21% after PLI Scheme; Expert sees further upside of 43%"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/64862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=64862"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/64862\/revisions"}],"predecessor-version":[{"id":64863,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/64862\/revisions\/64863"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/32851"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=64862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=64862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=64862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}