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News 2026-09-22 05:12 UTC

JM Financial initiates Clean Max Enviro Energy Solutions at 'buy'

JM Financial started coverage of Clean Max Enviro Energy Solutions with a 'buy' rating and a price target of 1,501 rupees. The brokerage cited strong demand for renewable power from commercial and industrial sectors. JM Financial anticipates Clean Max's renewable power capacity to increase to 7.4 GW by FY29 from 3.1 GW