Supply factors are likely to limit near-term growth opportunities for Indian renewable power generators stemming from the country’s current heat wave and high fossil-fuel prices, says Fitch Ratings.
Shares of Lakshmi Machine Works gained 1.49% to Rs 8,830 in a weak market after the company reported a 217% jump in consolidated net profit to Rs 82.73 crore in Q4 FY22 from Rs 26.05 crore posted in Q4 FY21.
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