the acquisition of a 26% stake in Kundan Solar (Pali) Pvt Ltd for ₹5.63 crore, developing a 15 MWac solar power plant in Rajasthan, aligning with its renewable energy strategy to cut costs via a long-term PPA. Q3 FY26 consolidated net profit rose 7.9% YoY to ₹300.05 crore, with revenue up 10% to ₹4,889 crore. The board approved a 2:1 bonus issue and interim dividend, with AGM on Aug 28, 2025. Shares traded around ₹1,306, with a P/E of 54 and recent analyst meets post-Q3 results.

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