Jefferies raises Emmvee Photovoltaic Power target price to Rs 440: Can the stock rally further?

Jefferies has raised its target price for Emmvee Photovoltaic Power to Rs 440 from Rs 400, while retaining its Buy rating, implying around 31% upside. The brokerage is bullish on the companys strong solar PV value-chain presence, healthy order book and expansion plans

Aug 20, 2026 - 09:00
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Jefferies raises Emmvee Photovoltaic Power target price to Rs 440: Can the stock rally further?
Jefferies has raised its target price for Emmvee Photovoltaic Power to Rs 440 from Rs 400, while retaining its Buy rating, implying around 31% upside. The brokerage is bullish on the companys strong solar PV value-chain presence, healthy order book and expansion plans

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