ilmscore | Solar Stocks to Watch | CA Rachana Ranade

Solar Stocks to Watch | CA Rachana Ranade

Predictions from this Video

Total: 10
Correct: 2
Incorrect: 3
Pending: 5
Unrated: 0
Prediction
Topic
Status
WARI Energies is establishing a 1.66 GW solar PV module manufacturing facility in Texas, USA, expected to be operational by the end of FY25, with plans to scale capacity to 5 GW by 2027.
"WARI is setting up a 1.66 GW solar PV module manufacturing facility in Hon, Texas to cater the demand in United States. ... this facility is expected to be operational by the end of financial year 25 with the plans to expand the capacity to 5 GW by 2027."
WARI
Pending
WARI Energies is establishing a 1.66 GW solar PV module manufacturing facility in Texas, USA, expected to be operational by the end of FY25, with plans to scale capacity to 5 GW by 2027.
"WARI is setting up a 1.66 GW solar PV module manufacturing facility in Hon, Texas to cater the demand in United States. ... this facility is expected to be operational by the end of financial year 25 with the plans to expand the capacity to 5 GW by 2027."
WARI
Pending
India aims to increase its renewable energy installed capacity to 500 GW by 2030, with solar power accounting for approximately 280 GW of this target.
"India intends to go from 224 GW to 500 GW of renewable energy installed capacity and out of this 500 GW installed renewable energy capacity. We we going to target around 280 GW only from solar."
India's renewable energy capacity
Pending
India is currently the third largest solar energy generator globally, with plans to reach approximately 223 GW by 2030, significantly increasing its current capacity of around 107 GW.
"Currently India is at third position in solar solar energy generation. Okay. Uh first one is China at almost 500 GW. Today itself I mean in this year they're around at 500 GW. USA is around 200 GW. And now you understand I hope we are at around 107 GW and by 2030 we plan to go to around 223 GW."
India's solar energy generation ranking
Pending
India is projected to become the third-largest economy globally within the next 2.5 to 3 years.
"It is expected that we will become the third largest economy in the next 2 and a half to 3 years."
India's economic growth projection
Pending
India's GDP growth rate for FY 2024-25 was projected at 6.6% by the RBI and ultimately came in at 6.5%.
"full fiscal growth 2425 entire financial year full fiscal growth rate was expected or RBI had projected a growth rate of 6.6%. It has it has actually come a slight lower at 6.5%"
India's GDP growth rate
Correct
A third consecutive rate cut could lead to higher economic growth in India, further boosting the economy.
"if we do get a third consecutive rate cut there's a great possibility that we can see a higher growth rate again. So such higher growth rates are again going to boost the economy."
India's economic growth drivers
Correct
Nifty is consolidating between 24,400 and 25,100. A sustained close above 25,100 could signal a continuation of the rally, while a close below 24,400 might lead to testing support levels at 23,800-23,700.
"24,400 on the lower side, 25,100 on an upper side. This is where we have been consolidating. If we close above this and if we are able to sustain here, there are great chances that we may continue the rally. If we close below this and if we sustain, we may test these levels of 23800, 23700."
Nifty support and resistance levels
Incorrect
There is a strong expectation that the RBI will cut the repo rate by 25 basis points (0.25%) to 5.75%.
"there's a lot of expectation that it will be cut by typically 25 basis points so by 0.25% 9 to 5%."
RBI repo rate cut expectation
Incorrect
The Dollar Index (DXY) being below 100 provides a good cushion, indicating a potentially favorable environment.
"Currently it's below 100. Anything which is below 100 gives us the good cushion."
Dollar Index (DXY) level
Incorrect