SWOT Analysis
- S
- W
- O
- T
-
Strength (8)
Screener for tracking both high revenue and high profit growth in the last quarterly results. This updates as new quarter results are announced.
-
Weakness (6)
See all stocks where promoters decreased their stake. Promoters decreasing their shareholding in a stock is considered negative for the stock.
-
Opportunity (0)
-
Threats (0)
- Good quarterly growth in the recent results
- Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
- Efficient in managing Assets to generate Profits - ROA improving since last 2 year
- Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
- Increasing Revenue every quarter for the past 2 quarters
- Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
- Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
- Annual Net Profits improving for last 2 years
Technical Analysis
Moving Averages
- 5 Day 1,310.0
- 10 Day 1,321.4
- 12 Day 1,320.7
- 20 Day 1,314.6
- 26 Day 1,311.2
- 50 Day 1,295.2
- 100 Day 1,217.4
- 200 Day -
Current Price
- Bullish Moving Averages 2
- Bearish Moving Averages 11
Resistance and support
- First Resistance 1,295.2
- Second Resistance 1,311.0
- Third Resistance 1,322.6
- First Support 1,267.8
- Second Support 1,256.2
- Third Support 1,240.4
Company Financials
- Profit and loss statement
- Balance sheet
- Quarterly Result
- Ratio
- CAGR IN 10 YEARS
- 35.62%
- 61.02%
- 100.43%
Mar 2026 (CR) |
Mar 2025 (CR) |
Mar 2024 (CR) |
||
|---|---|---|---|---|
| Sales | 6,003.29 | 2,270.36 | 2,106.38 |
|
| Operating Profit | 1,104.49 | 429.47 | 440.89 |
|
| OP Profit Margin | 18.40 | 18.92 | 20.93 |
|
| Interest | 369.25 | 190.28 | 155.00 |
|
| Profit After Tax | 767.35 | 298.13 | 282.41 |
|
| Cash Profit | 830.83 | 336.09 | 322.98 |
|
| EPS | 65.54 | 587.80 | 641.99 |
|
- CAGR IN 10 YEARS
- 23.48%
- 29.76%
- 20.29%
Mar 2026 (CR) |
Mar 2025 (CR) |
Mar 2024 (CR) |
Mar 2023 (CR) |
Mar 2022 (CR) |
||
|---|---|---|---|---|---|---|
| Equity | 11.71 | 5.07 | 4.40 | 3.63 | 3.62 |
|
| Reserve Surplus | 5,636.15 | 3,394.49 | 2,473.81 | 1,550.24 | 1,401.47 |
|
| TOT Debts | 2,167.95 | 1,548.70 | 1,178.66 | 984.41 | 183.17 |
|
| Gross Block | 1,329.51 | 983.64 | 800.29 | 398.18 | 328.80 |
|
| Capital Work In Progress | 546.43 | 226.70 | 88.11 | 359.82 | 11.85 |
|
| Cash Liquid Investment | 1,438.88 | 286.26 | 57.36 | 134.07 | 196.12 |
|
| Net Working Capital | -139.20 | -390.77 | -122.31 | -428.62 | 318.90 |
|
| Current Assets | 5,070.64 | 1,925.47 | 1,145.07 | 1,075.96 | 937.19 |
|
| Current Liabilities | 5,209.85 | 2,316.25 | 1,267.38 | 1,504.58 | 618.29 |
|
Mar 2026 (CR) |
Dec 2025 (CR) |
Sep 2025 (CR) |
Jun 2025 (CR) |
Mar 2025 (CR) |
||
|---|---|---|---|---|---|---|
| Sales | 1,896.61 | 1,521.01 | 1,457.71 | 1,127.97 | 1,039.21 |
|
| Gross Profit | 202.13 | 371.31 | 331.01 | 184.82 | 148.91 |
|
| Gross Profit Margins | 16.48 | 29.46 | 27.77 | 20.15 | 20.03 |
|
| Operating Profit | 227.36 | 375.42 | 326.79 | 174.92 | 152.76 |
|
| OP Profit Margin | 17.11 | 29.74 | 27.81 | 20.05 | 19.14 |
|
| Interest | 135.81 | 95.02 | 86.63 | 51.80 | 61.28 |
|
| Profit After Tax | 124.49 | 270.28 | 239.03 | 133.55 | 113.73 |
|
| Cash Profit | 137.92 | 284.31 | 251.27 | 144.04 | 124.97 |
|
| EPS | 11.93 | 26.44 | 23.57 | 13.16 | 228.99 |
|
- CAGR IN 10 YEARS
- 23.48%
- 29.76%
- 20.29%
Mar 2026 (CR) |
Mar 2025 (CR) |
Mar 2024 (CR) |
Mar 2023 (CR) |
Mar 2022 (CR) |
||
|---|---|---|---|---|---|---|
| PE | 11.73 | 0.00 | 0.00 | 0.00 | 0.00 |
|
| P/BV | 1.59 | 0.00 | 0.00 | 0.00 | 0.00 |
|
| MCAP Sales | 1.50 | 0.00 | 0.00 | 0.00 | 0.00 |
|
| Asset Turnover | 0.93 | 0.52 | 0.68 | 1.34 | 0.70 |
|
| EV/EBITDA | 6.67 | 0.00 | 0.00 | 0.00 | 0.00 |
|
| DEBT/EQUITY | 0.41 | 0.46 | 0.54 | 0.39 | 0.22 |
|
| ROE | 16.96 | 10.14 | 13.37 | 10.93 | 7.74 |
|
| ROCE | 21.89 | 13.39 | 16.99 | 17.34 | 8.63 |
|
Quick Results Snapshot
Q1FY27 Quarterly Result Announced for Clean Max Enviro Energy Solutions Ltd.
Green & Renewable Energy company Clean Max Enviro Energy Solutions announced Q1FY27 results
Consolidated Financial Highlights:
- Total Revenue from operations for Q1FY27 stood at Rs 8,321.56 million, representing a 106.83% YoY increase from Rs 4,023.39 million in Q1FY26 and a 49.28% QoQ increase from Rs 5,574.63 million in Q4FY26.
- Total Income for the quarter was Rs 8,741.02 million, reflecting a YoY growth of 112.55% compared to Rs 4,112.39 million in Q1FY26 and a 36.67% QoQ increase from Rs 6,395.87 million in Q4FY26.
- Earnings before interest, tax, depreciation, impairment and amortisation (EBITDA) reached Rs 4,628.62 million in Q1FY27, up 68.38% YoY from Rs 2,748.99 million in Q1FY26 and 32.34% QoQ from Rs 3,497.42 million in Q4FY26.
- Profit before tax for Q1FY27 was Rs 752.55 million, showing a significant turnaround from a loss of Rs 295.39 million in Q1FY26. On a QoQ basis, it decreased by 19.94% from Rs 939.96 million in Q4FY26.
- Profit after tax (PAT) for Q1FY27 stood at Rs 551.74 million, a sharp recovery from a loss of Rs 165.97 million in Q1FY26 and a 21.54% QoQ increase from Rs 453.96 million in Q4FY26.
- Total Comprehensive Income for Q1FY27 was Rs 849.14 million, compared to Rs 93.21 million in Q1FY26 and Rs 3,691.04 million in Q4FY26.
- Basic Earnings Per Share (EPS) for Q1FY27 was Rs 4.14, compared to a negative EPS of Rs 1.40 in Q1FY26 and an EPS of Rs 5.31 in Q4FY26.
Standalone Financial Highlights:
- Total Revenue from operations for Q1FY27 reached Rs 21,253.47 million, up 88.42% YoY from Rs 11,279.65 million in Q1FY26 and 12.06% QoQ from Rs 18,966.09 million in Q4FY26.
- Total Income for the quarter was Rs 22,972.75 million, marking a YoY growth of 93.10% from Rs 11,896.55 million in Q1FY26 and a 14.45% QoQ increase from Rs 20,071.81 million in Q4FY26.
- EBITDA for Q1FY27 stood at Rs 5,901.33 million, a 149.41% YoY increase from Rs 2,366.14 million in Q1FY26 and a 74.63% QoQ increase from Rs 3,379.30 million in Q4FY26.
- Profit before tax for Q1FY27 was Rs 4,682.17 million, reflecting a YoY growth of 168.59% from Rs 1,743.26 million in Q1FY26 and a 148.14% QoQ increase from Rs 1,886.93 million in Q4FY26.
- Profit after tax (PAT) for Q1FY27 was Rs 3,501.99 million, showing a YoY increase of 162.23% from Rs 1,335.45 million in Q1FY26 and a 181.30% QoQ increase from Rs 1,244.94 million in Q4FY26.
- Basic Earnings Per Share (EPS) for Q1FY27 stood at Rs 29.90, compared to Rs 13.16 in Q1FY26 and Rs 11.93 in Q4FY26.
Business Highlights:
- Segment Performance:
- Segment A - Renewable Energy Power Sales: This segment generated revenue of Rs 5,282.57 million in Q1FY27, contributing a segment EBITDA of Rs 4,604.21 million.
- Segment B - Renewable Energy Services: This segment recorded revenue of Rs 3,001.47 million in Q1FY27, contributing a segment EBITDA of Rs 335.87 million.
- Corporate Restructuring: The Board approved a composite scheme of amalgamation for four wholly-owned subsidiaries—Clean Max Aditya Power Private Limited, Cleanmax IPP 1 Private Limited, CMES Power 1 Private Limited, and CMES Infinity Private Limited—into Clean Max Enviro Energy Solutions Limited to achieve operational efficiencies and simplify the group structure.
- Fund Raising: The Company approved the issuance of listed, rated, secured, redeemable Non-Convertible Debentures (NCDs) up to Rs 25,000 million (Rs 2,500 crore) on a private placement basis.
- Debt Prepayment: During Q1FY27, the Company utilized IPO proceeds to prepay outstanding debentures (both listed and unlisted) aggregating to a principal amount of Rs 5,990 million.
- Strategic Investment: The Board approved an investment of up to 20% in the equity share capital of a proposed Group Shared Services Company ("SSC"), not exceeding Rs 1,00,00,000 (Rs 1 crore).
- Security Reclassification: The Company’s listed debentures were reclassified from unsecured to secured, following an enhancement of the security cover from 0.7x to 1.0x.
- Investment Realization: On May 14, 2026, the Parent Company completed the dilution of 49% of its total investments in Clean Max Taurus Private Limited as part of a strategic reorganization.
- IPO Utilization Status: Out of the net fresh issue proceeds of Rs 11,492.46 million, the Company has fully utilized Rs 11,226.74 million for the prepayment of outstanding borrowings and Rs 265.72 million for general corporate purposes as of June 30, 2026.
Kuldeep Jain, Founder & Managing Director, said: "We had a strong quarter. Operating results saw strong growth in EBITDA, driven by volume growth and higher EBITDA margins in both business segments of RE power sales and RE services. Further, we added a record new capacity of over 500 MW in the first quarter, and are well on track to meet our guidance of adding a minimum of 1,500 MW of new capacity during the year.”
Nikunj Ghodawat, Chief Financial Officer, said: "Q1FY27 reflects the strength of our business model as scale translates into stronger financial performance. As our commissioned portfolio grows, earnings, profitability and cash flows continue to strengthen. Combined with a lower cost of debt and a strong credit profile, we're well positioned to fund our growth pipeline while maintaining financial discipline.”
Stocks Comparison
Table
Chart
Company name |
LTP |
Market cap (Cr) |
Return (1Y %) |
Risk (Std. Dev.) |
PE Ratio |
Financial Year |
|---|---|---|---|---|---|---|
| Clean Max Enviro Energy Solutions Ltd | 1,279.40 | 15,039.27 | 47.48 | 0.24 | 95.59 | Mar 2026 |
| Vedanta Power Ltd | 31.17 | 12,188.68 | -23.86 | 0.11 | -7.24 | Mar 2026 |
| Gujarat Industries Power Co Ltd | 188.35 | 2,923.49 | -1.12 | 0.13 | 5.82 | Mar 2026 |
| Ujaas Energy Ltd | 203.73 | 2,717.71 | 109.66 | 0.24 | 695.86 | Mar 2026 |
| BF Utilities Ltd | 542.00 | 2,041.17 | -30.60 | 0.19 | -220.92 | Mar 2025 |
| Bhagyanagar India Ltd | 446.70 | 1,496.29 | 383.13 | 0.32 | 23.79 | Mar 2026 |
| Orient Green Power Company Ltd | 9.05 | 1,061.59 | -36.27 | 0.19 | 15.89 | Mar 2026 |
| Indowind Energy Ltd | 8.92 | 143.61 | -47.28 | 0.22 | -300.33 | Mar 2025 |
| Energy Development Company Ltd | 14.68 | 69.73 | -26.56 | 0.13 | -19.10 | Mar 2026 |
| Hind Aluminium Industries Ltd | 94.27 | 59.39 | -4.94 | - | 15.81 | Mar 2026 |
| Karma Energy Ltd | 41.27 | 47.75 | -22.06 | 0.21 | 54.03 | Mar 2026 |
Corporate Action
- Announcement
- Board Meeting
- Dividend
- Split
- Rights
- Events
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Sep 11, 2026Allotment of 17660 equity shares under Clean Max Enviro Energy Solutions Limited Employee Stock Option Scheme 2015 as amended from time to time
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Sep 10, 2026Intimation of Analysts/Institutional Investors Meet
Clean Max Enviro Energy Solutions Limited - Analysts/Institutional Investor Meet/Con. Call Updates
Sep 10, 2026Clean Max Enviro Energy Solutions Limited has informed the Exchange about Schedule of meet
Intimation Under Regulation 30 Read With Schedule III Of The Securities And Exchange Board Of India
Sep 09, 2026Intimation for sale of shares of Clean Max Dynamis Private Limited Wholly Owned Subsidiary of Clean Max Enviro Energy Solutions Limited
Clean Max Enviro Energy Solutions Limited - Press Release
Sep 08, 2026Clean Max Enviro Energy Solutions Limited has informed the Exchange regarding a press release dated September 08, 2026, titled Crisil Ratings Assigns CRISIL AA/Stable Corporate Credit Rating to CleanMax Affirms Market Leadership and Prudent Financial Discipline.
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Sep 08, 2026Press Release titled "Crisil Ratings Assigns CRISIL AA/Stable Corporate Credit Rating to CleanMax; Affirms Market Leadership and Prudent Finance Discipline"
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Sep 03, 2026Allotment of 46978 shares under Clean Max Enviro Energy Solutions Limited Employee Stock Option Scheme 2015 as amended from time to time
Clean Max Enviro Energy Solutions Limited - ESOP/ESOS/ESPS
Sep 03, 2026Clean Max Enviro Energy Solutions Limited has informed the Exchange regarding Allotment of 46978 Shares.
Outcome Of Risk Management Committee Meeting Held On 28 August 2026
Aug 28, 2026Term Sheet for procurement of Wind turbine generators
Announcement under Regulation 30 (LODR)-Newspaper Publication
Aug 27, 2026Please find enclosed copy of Newspaper advertisement
Clean Max Enviro Energy Solutions Limited - Copy of Newspaper Publication
Aug 27, 2026Clean Max Enviro Energy Solutions Limited has informed the Exchange about Copy of Newspaper Publication
Business Responsibility And Sustainability Report For The Financial Year 2025-26
Aug 26, 2026Business Responsibility and Sustainability Report ("BRSR") for the Financial Year 2025-26.
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Aug 25, 2026Please find enclosed copy of Postal Ballot Notice
| Ex-Date | Purpose | Notes |
|---|---|---|
| 2026-07-31 | Quarterly Results & Amalgamation | |
| 2026-05-12 | Audited Results | |
| 2026-03-17 | Quarterly Results |
Insider & Institutional Activity
- Bulk Block Deals
- Insider Trading & SAST
Client name |
Deal Type |
Date |
Action |
Avg. price |
Quantity |
Exchange |
|---|---|---|---|---|---|---|
| Dsdg Holding Aps | Bulk | 2026-09-03 |
Sell |
1,220.00 | 1,633,727 | NSE |
| Sbi Life Insurance Company Ltd. | Block | 2026-09-03 |
Purchase |
1,220.00 | 509,485 | NSE |
| Icici Prudential Life Insurance Company Ltd | Block | 2026-09-03 |
Purchase |
1,220.00 | 509,485 | NSE |
| Mahindra Manulife Mutual Fund | Block | 2026-09-03 |
Purchase |
1,220.00 | 204,919 | NSE |
| Dsp India Fund India Long Short Strategy Fund With Cash Management Option | Block | 2026-09-03 |
Purchase |
1,220.00 | 204,919 | NSE |
| Whiteoak Capital Mutual Fund | Block | 2026-09-03 |
Purchase |
1,220.00 | 204,919 | NSE |
| Dsdg Holding Aps | Block | 2026-09-03 |
Sell |
1,220.00 | 1,633,727 | NSE |
| Citigroup Global Markets Mauritius Pvt Ltd | Bulk | 2026-03-02 |
Sell |
846.72 | 828,860 | NSE |
Client name |
Client Category |
Action |
Reported to Exchange |
Quantity |
Post Transaction Holding |
Avg. Price |
Regulation (Insider/SAST) |
Mode |
|---|---|---|---|---|---|---|---|---|
| Pranjal Paul | Designated Person |
Disposal |
2026-05-22 | 5,000 | 26,260 | 1,225.84 | Insider Trading | Market Sale |
| Arsikere Vasanthkumar Tejus | Designated Person |
Invoke |
2026-05-22 | 3,000 | 134,360 | 1,319.00 | Insider Trading | Invocation Of Pledged |
| Paurush Chaturvedi | Designated Person |
Disposal |
2026-05-22 | 6,379 | 0 | 1,347.00 | Insider Trading | Market Sale |
| Chintan Shah | Designated Person |
Disposal |
2026-05-22 | 1,000 | 16,860 | 1,299.00 | Insider Trading | Market Sale |
| Vamsi Krishna Pilla | Designated Person |
Disposal |
2026-05-22 | 48 | 7,826 | 1,211.40 | Insider Trading | Market Sale |
| Vamsi Krishna Pilla | Designated Person |
Disposal |
2026-05-22 | 2,036 | 5,790 | 1,215.29 | Insider Trading | Market Sale |
| Ashu Gupta | Designated Person |
Invoke |
2026-05-22 | 20,540 | 0 | 1,304.96 | Insider Trading | Invocation Of Pledged |
| Harrsita Sanjesh | Designated Person |
Disposal |
2026-05-19 | 1,320 | 0 | 1,300.71 | Insider Trading | Market Sale |
About Clean Max Enviro Energy Solutions Ltd
Stock PE (TTM)
Promoter Holding
Book Value
ROCE
ROE
Clean Max Enviro Energy Solutions Limited was originally incorporated as `Clean Max Enviro Energy Solutions Private Limited` at Mumbai, Maharashtra as a private Company dated September 29, 2010 with the Registrar of Companies, Mumbai. Subsequently, name of the Company was changed to `Clean Max Enviro Energy Solutions Limited`. A fresh Certificate of Incorporation dated August 7, 2025 was issued by the Registrar of Companies, Maharashtra at Mumbai. Company has a business in developing commercial and industrial renewable power projects and in generation and sale of power. The Company commissioned the first onsite solar plant for 100 KWp in 2013. It began grid connected services for clients through KAS Onsite Power Solutions LLP, a special purpose vehicle in 2015. It expanded the business to Dubai, UAE, through Cleanmax Solar MENA FZCO in 2016. It commissioned the first grid connected STU solar project under group captive mode for 30 MWp in Tamil Nadu for a large datacentre in 2017 and further installed the first STU connected third party open access project in Karnataka in 2018. The Company joined the first solar photovoltaic system leasing and operation agreement in Dubai, UAE in 2018. It signed the first solar project onsite in Thailand through the operating subsidiary, Clean Max Energy (Thailand) Co. Ltd. in 2019. Further, initiated operations in Bangkok, Thailand, through its subsidiary, Clean Max Energy (Thailand) Co. Ltd. It expanded the business into wind power plants by commissioning first wind farm at Hosahalli, Karnataka through Cleanmax Pluto Solar Power LLP in 2019-20. In FY 2021, Company commissioned a wind-solar hybrid (WSH) Farm in Jagalur district of Karnataka with nearly 100 MW capacity and expanded the grid connected STU to Maharashtra, through SPV, Clean Max Light Power LLP. In 2022, it launched Central Transmission Utility of India (CTU) sites and received upto 600 MW connectivity approval for CTU wind site at Koppal, Karnataka. In 2023, it acquired a new carbon business line for green credit trade. It commissioned and installed a 350 MW State Transmission Utility (STU) wind-solar hybrid capacity in Gujarat in 2024. It commissioned first onsite solar photovoltaic plant in Bahrain, through Kanoo Clean Max Renewables Asset Co. W.L.L. in 2024. The Company restructured the business operations of STU to Chhattisgarh and Haryana in FY 2025, reaching a cumulative capacity of 2GW . Company launched the IPO by issuing 29,315,993 equity shares of face value of Rs 1 each by raising funds aggregating to Rs 3083.83 crore, which consist a fresh issue of 11,425,906 equity shares amounting to Rs 1200 crore and the offer for sale of 17,890,087 equity shares amounting to Rs 1883.83 crore on February 25, 2026.
Clean Max Enviro Energy Solutions share price as on 21 Sep 2026 is Rs. 1279.4. Over the past 6 months, the Clean Max Enviro Energy Solutions share price has increased by 43.64% and in the last one year, it has increased by 47.48%. The 52-week low for Clean Max Enviro Energy Solutions share price was Rs. 727.1 and 52-week high was Rs. 1536.
4th Flr The Intl 16 Maharshi-, Karve Rd New Marine Lines Cr.R, Mumbai, Maharashtra, 400020
Tel No. +91 22 6252 0000
Email Secretarial:cleanmax.com
MUFG Intime India Pvt Ltd
Tel No. 91-22-49186000
Email rnt.helpdesk:in.mpms.mufg.com
Non-Exec & Non-Independent Dir
Independent Non Exe. Director
Independent Non Exe. Director
Independent Non Exe. Director
Non-Exec & Non-Independent Dir
Non-Exec & Non-Independent Dir
Chairman / Executive Director / Managing Director
Company Sec. & Compli. Officer
Lead Independent Non Executive Director
544717
CLEANMAX
INE647U01026
Jul
Clean Max Enviro Energy Solutions Ltd FAQs
You can buy Clean Max Enviro Energy Solutions Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Clean Max Enviro Energy Solutions Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 18, 2026 03:59 PM the closing price of Clean Max Enviro Energy Solutions Ltd was Rs.1,279.40.
The latest PE ratio of Clean Max Enviro Energy Solutions Ltd as of Sep 18, 2026 03:59 PM is 95.59
The latest PB ratio of Clean Max Enviro Energy Solutions Ltd as of Sep 18, 2026 03:59 PM is 3.24
The 52-week high of Clean Max Enviro Energy Solutions Ltd share price is Rs. 1,536.00 while the 52-week low is Rs. 727.10
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Sep 18, 2026 03:59 PM, the market cap of Clean Max Enviro Energy Solutions Ltd stood at Rs. 14,996.74 Cr.
Market Outlook
View all
NSE IPO: Everything You Need to Know Before It Lists
The National Stock Exchange of India (NSE) filed its Red Herring Prospectus (RHP) with SEBI, dated September 10, 2026, fixing the terms of its IPO. The NSE IPO opened on September 17, 2026 and closes ...
Navneet Munot on Inevitable India, Deep Tech, Artificial Intelligence and the Next Phase of Wealth Creation
ICICI Securities Ltd - INZ000183631 At the India Investor Conference 2026, an engaging Ask Me Anything session brought together investors and market participants for a conversation with Navneet ...
India Investor Conference 2026 : India's Power Infrastructure Boom and Data Center Growth Opportunity
ICICI Securities Ltd - INZ000183631 At the India Investor Conference 2026, Kushal Desai, Chairman and Managing Director of APAR Industries, shared his perspective on the forces reshaping the global po...
India Investor Conference 2026 - Deep dive into the Electronics Manufacturing Industry
ICICI Securities Ltd - INZ000183631 How India’s Electronics Manufacturing Industry Is Moving Beyond Assembly to Become a Global Design and Engineering Hub At the India Investor Conference 2026, ...