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India Renewable Energy • Turnaround Watch India’s Solar Gold Rush — Can Indowind Energy Ltd (Rs.9.49) Finally Rise from the Ashes? Beyond the ESG PowerPoint files: A hard data audit of a micro-cap wind legacy operator attempting a high-stakes pivot into hybrid asset engineering. The Indian renewable energy sector is no longer a sleepy ESG PowerPoint presentation served with hotel coffee and government slogans. It has turned into a high-stakes battlefield of aggressive capital, intense speculation, policy shifts, and corporate survival. Everywhere you look, the market landscape is flooded with massive declarations: gigantic solar parks, green hydrogen blueprints, hybrid renewable corridors, and billion-dollar clean-energy pledges. Amid this titanic macro transition, a tiny, legacy player has suddenly crawled back into market discussions: Indowind Energy Ltd. For years, Indowind was treated ...
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Veer Energy Ltd (Rs.4.18) was recommended on 14 January, 2015 at Rs.3.30-3.50, for a target of Rs.5. That Target was reached long back. Meanwhile, the scrip made a 52-week high of Rs.6.69 on 5 January, 2016.

The company has great future ahead. Therefore, the investors are suggested to accumulate the scrip when its price stabilizes, for a target above Rs.10, in the next 18 months.

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