SG Mart Ltd: A 5,800% renewables stock boom has some Indian investors worried | India Business News

SG Mart Ltd: A 5,800% renewables stock boom has some Indian investors worried | India Business News

India’s renewable energy stocks have enjoyed a scorching rally for the past two years as retail buyers pile in, but their extended valuations are flashing warning signs.SG Mart Ltd, a Gujarat-based solar and wind energy producer, has soared over 5,800% since November 2021 — when Prime Minister Narendra Modi announced that India aimed to boost … Read more