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Emmvee Photovoltaic shares jump 7% after Jefferies lifts target amid booming profits
Business
Published on 29 April 2026
Profit surge beats estimates even as margins dip
Emmvee Photovoltaic shares gained around 7% after a strong Q4FY26 showing. Revenue jumped 62% year over year and PAT surged 89%, with results surpassing estimates. Jefferies reiterated a Buy rating and raised its target to Rs 350, pointing to a healthy order book and strong growth visibility, even as margins dipped slightly.
- Q4FY26 revenue rose 62% YoY and PAT jumped 89%
- Shares climbed about 7% after results beat estimates
- Jefferies reiterated Buy and lifted target price to Rs 350
- Order book strength offsets a slight margin dip
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times