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Premier Energies: Will The Rally Sustain On Limited Supply, High Demand

Currently only 11.32% of the stock's total shareholding is tradable, while the rest is locked in.

<div class="paragraphs"><p>Premier Energies Ltd. (Source: Company website)</p></div>
Premier Energies Ltd. (Source: Company website)
Premier Energies' public issue listed on the stock exchanges at a 120% premium on Sept. 3, and the stock has been on a tear ever since. Following its listing, the company's share has spiked by over 37% and on Friday it rose to an intraday high of more than 18% in trade, on the back of a Rs 215-crore order win.While there are fundamental factors like the company's position as the only listed pure play solar module and solar cell manuf...
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