68% returns from 52-week low: Solar stock jumps 4.43% after reporting a 125% jump in net profit

On Wednesday, shares of Australian Premium Solar (India) Limited gained 4.43 per cent to Rs 579 per share from its previous closing of Rs 554.45 per share. The stock’s 52-week high is Rs 654 per share and its 52-week low is Rs 345 per share.

Established in 2013, Australian Premium Solar (India) Limited is a prominent Indian solar solutions provider specialising in the manufacturing of high-efficiency Monocrystalline and advanced Topcon solar modules. The company also offers comprehensive EPC services for a wide range of applications, including residential, commercial, industrial, and agricultural. Leveraging the founders' deep international solar expertise, APS develops and produces high-quality, locally manufactured solar products. As an ISO 9001-certified company, APS prioritises rigorous quality standards, ensuring the reliability and excellence of its products. The company collaborates with renowned firms to supply solar panels for critical applications across diverse sectors, demonstrating its commitment to innovation and driving the adoption of sustainable renewable energy solutions.

Results: According to Quarterly Results, the net sales increased by 87 per cent to Rs 153.11 crore and net profit increased by 125 per cent to Rs 14.70 crore in Q1FY26 compared to Q1FY25. In its annual results, the company reported net sales of Rs 438.89 crore and net profit of Rs 40.10 crore.

The company have a market cap of over Rs 1,100 crore. The shares of the company have an ROE of 59 per cent and an ROCE of 71 per cent. The stock is up 68 per cent from its 52-week low of Rs 345 per share.

Disclaimer: The article is for informational purposes only and not investment advice.