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This renewable energy stock plans 15.5 GW expansion: Here’s why Elara sees 44% upside potential

Posted on May 12, 2026
By Financial Express
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1 min read

This renewable energy stock plans 15.5 GW expansion: Here’s why Elara sees 44% upside potential

Vikram Solar is in focus after Elara Capital retained a ‘Buy’ rating and projected 44% upside potential. Here’s what is driving optimism around the renewable energy company’s expansion plans, order book growth and solar manufacturing strategy.