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Trades about 184% above its sector, the market expects faster growth.
Ravindra Energy Limited (REL) is an Indian enterprise primarily engaged in the solar energy sector. The company provides solar pumping solutions and specializes in developing and implementing solar power generation facilities across the country. Its portfolio encompasses various projects, including photovoltaic (PV) pumping systems, rooftop solar installations, and ground-mounted solar arrays, with a significant presence in the states of Karnataka, Maharashtra, and Rajasthan. Beyond its core solar business, REL also generates and sells electricity, and diversifies its operations through the trading of sugar and coal. Established in 1980, the company, originally known as Ravindra Trading and Agencies Limited, later adopted its current name, Ravindra Energy Limited. Its headquarters are located in Belgaum, India.
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