Stock has been generating better return on equity than bank FD
Stock offers good dividend returns
Good time to consider, as stock is not in overbought zone
Too much promoter holding pledged
Solex Energy Limited is engaged in the business of renewable energy solutions. The Company manufactures solar lighting systems, solar panels, solar water pumping products and water heater products.
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In last 6 months, promoter holding in the company has decreased by 26.94%
A significant proportion of promoter holdings is pledged