CleanMax Enviro Energy Solutions achieved a net profit of Rs 55 crore in the June quarter. This profit resulted from a substantial 107 percent year-on-year revenue increase. The company’s operational asset base and RE Services segment saw significant growth. CleanMax also plans to raise Rs 2,500 crore through debenture issuance. A record 500 MW capacity was added in the first quarter.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap