From mint · Nishant Kumar · · 1m
Fujiyama Power Systems Stock Up 65% YTD
Motilal Oswal targets ₹500 for Fujiyama Power Systems after 65% YTD gain.
In brief
Motilal Oswal targets ₹500 for Fujiyama Power Systems after 65% YTD gain. Motilal Oswal Financial Services recommends buying Fujiyama Power Systems with a ₹500 target price, implying 36% upside from its current ₹368.40 share price. Originally reported by mint.
Fujiyama Power Systems Shares
Shares ended 1.38% higher at ₹368.40 on BSE Tuesday, 27 October, extending gains for second consecutive session.
65% YTD Gain
Fujiyama Power Systems share price has jumped 65% year-to-date compared to 14% fall in Sensex.
Motilal Oswal Recommendation
Motilal Oswal Financial Services recommends a 'buy' rating with ₹500 target price, implying 36% upside from current share price.
Revenue Projections
Motilal Oswal expects 52%, 57%, and 59% CAGR in revenue, EBITDA, and adjusted PAT for FY26-28.
China Tech Restrictions
China proposed export restrictions on advanced solar technologies, but Fujiyama has secured technology transfer agreement from China.
Storage Expansion Plans
Company plans 10MW battery storage system at Ratlam, leveraging existing rooftop solar portfolio for commercial and industrial storage market.
The main idea
Motilal Oswal Financial Services recommends buying Fujiyama Power Systems with a ₹500 target price, implying 36% upside from its current ₹368.40 share price.
