Investing in ACME Solar IPO: What You Need to Know

ACME Solar, operating in the renewable energy sector, boasts a diversified portfolio across various power generation sources. Despite a dip in profitability in FY23, the company has shown remarkable growth recently with strong margins. However, its debt-to-equity ratio remains notably high. Swastika Investmart finds the IPO valuation reasonable and recommends long-term investors to apply.

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