Support and Resistance Levels
Past performance
About IND Renewable Energy Ltd IND Renewable Energy Limited, initially known as Vakharia Power Infrastructure Limited, is an independent company engaged in the rooftop solar plant sector, following its demerger from Everlon Synthetics Limited in 2012. The name change to IND Renewable Energy Limited took place in 2016, reflecting its focus on renewable energy solutions. The company successfully commissioned a 100 KW rooftop solar plant in Mumbai during the 2016-17 period.
A notable strength of IND Renewable Energy Limited lies in its diverse funding sources, allowing it to optimize funding costs and protect interest margins. This diversity contributes to funding stability and liquidity, helping reduce average borrowing costs. The company's strategic focus on rooftop solar projects positions it well within the growing renewable energy market, offering potential trading opportunities for investors interested in sustainable energy businesses.