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The S&P 500 is experiencing heightened volatility following a late-evening presidential address that failed to signal a de-escalation in Iran, effectively unwinding the optimism that fueled recent market gains. The investor community is actively debating the reliability of ceasefire rumors and expressing concern over the implications of a prolonged conflict, leading to widespread uncertainty heading into the long holiday weekend.

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+, and TMTG News. It operates through the Media and Truth.Fi segments. The Media segment includes products and services such as advertisement through the Truth Social platform. The Truth.Fi segment relates to customized exchange-traded funds or exchange-traded products invested in America First principles, and bitcoin and similar cryptocurrencies or crypto-related securities. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Trump Media & Technology Group Corp.

DJT is trending as investors react to a high-stakes, prime-time address where the administration outlined its ongoing military strategy in the Middle East. The community remains deeply divided, with intense debate occurring over the economic fallout of the conflict, the presidents erratic messaging, and the broader implications for U.S. foreign policy.

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU) and Compute & Networking. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, Quadro and NVIDIA RTX GPUs for enterprise workstation graphics, virtual GPU, or vGPU, software for cloud-based visual and virtual computing, automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating metaverse and 3D internet applications. The Compute & Networking segment consists of Data Center accelerated computing platforms and end-to-end networking platforms including Quantum for InfiniBand and Spectrum for Ethernet, NVIDIA DRIVE automated-driving platform and automotive development agreements, Jetson robotics and other embedded platforms, NVIDIA AI Enterprise and other software, and DGX Cloud software and services. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in April 1993 and is headquartered in Santa Clara, CA.

NVIDIA Corp

NVIDIA is capturing investor attention as the semiconductor sector rebounds from recent geopolitical volatility, with the community actively debating the stock's resilience amid broader concerns about market manipulation and upcoming high-profile policy announcements. Market participants are split between bullish sentiment fueled by aggressive AI infrastructure spending and bearish skepticism regarding the stock's ability to maintain gains in the face of ongoing macroeconomic uncertainty.

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QQQ is trading amid intense speculation surrounding a high-stakes televised address from President Trump, with the community deeply divided over whether the speech will signal a genuine de-escalation of the Iran conflict or a continuation of hostilities. While bullish participants are banking on a potential peace-driven rally, many traders are positioning defensively, citing concerns over market manipulation, elevated oil prices, and the possibility of a volatile "sell the news" event over the upcoming holiday weekend.

Tesla, Inc. engages in the design, development, manufacture, and sale of electric vehicles and energy generation and storage systems. It operates through the Automotive and Energy Generation and Storage segments. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits. The Energy Generation and Storage segment is involved in the design, manufacture, installation, sale, and lease of solar energy generation, energy storage products, and related services and sales of solar energy systems incentives. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Austin, TX.

Tesla Inc

Tesla is trending as investors weigh an upcoming delivery report against broader geopolitical tensions and market volatility following recent executive announcements. Community discussion is sharply divided between those banking on a delivery beat to drive a rebound and skeptics who are wary of valuation concerns and the company's long-term competitive positioning.

Intel Corp. engages in the design, manufacture, and sale of computer products and technologies. It delivers computer, networking, data storage, and communications platforms. The firm operates through the following segments: Client Computing Group (CCG), Data Center and AI (DCAI), Intel Foundry Services (IFS), and All Other. The CCG segment consists of platforms designed for notebooks, 2-in-1 systems, desktops, tablets, phones, wireless and wired connectivity products, and mobile communication components. The DCAI segment delivers solutions to cloud service providers and enterprise customers, along with silicon devices for communications service providers and high-performance computing customers. The IFS segment refers to full stack solutions created from the foundry industry ecosystem. The All Other segment represents results from other non-reportable segments and corporate-related charges. The company was founded by Robert Norton Noyce and Gordon Earle Moore on July 18, 1968, and is headquartered in Santa Clara, CA.

Intel Corp.

Intel Corp

Intel is trending as investors react to a significant strategic move to repurchase full control of its Fab 34 facility in Ireland for over $14 billion, a deal aimed at bolstering its manufacturing capacity and long-term foundry competitiveness. While the stock saw a positive reaction to the news, market participants are actively debating the move's impact on Intel's balance sheet, its potential to secure future high-value customers, and broader volatility driven by geopolitical tensions in the Middle East.

Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto. It enables peer-to-peer electronic cash transactions without intermediaries like banks or governments, operating on a blockchain secured by Proof of Work mining and the SHA-256 cryptographic algorithm.   With a fixed supply cap of 21 million coins and programmatic halvings every four years that reduce miner rewards, Bitcoin is designed as a deflationary digital asset often called "digital gold." Its value stems from solving the double-spending problem without trusted intermediaries, creating the first truly scarce digital asset with censorship resistance and permissionless access that no government, corporation, or individual can control.  Bitcoin operates as a decentralized peer-to-peer network where transactions are recorded on a public ledger called the blockchain, distributed across thousands of computers globally. Transactions are grouped into blocks added approximately every 10 minutes through mining, where specialized computers compete to solve complex mathematical puzzles.   Bitcoin has achieved mainstream adoption through multiple vectors. The January 2024 SEC approval of 11 spot Bitcoin ETFs opened Bitcoin investment to traditional finance participants, and corporations like Strategy (formerly MicroStrategy) are using Bitcoin as a treasury reserve asset to protect against currency debasement, offering MSTR holders amplified exposure to Bitcoin.   The Bitcoin ecosystem continues to evolve with innovations like Ordinals, which emerged in January 2023 to enable NFT-like functionality directly on Bitcoin, and BRC-20 tokens, an experimental standard for creating fungible tokens using Ordinal inscriptions. BTCFi (Bitcoin Finance) represents emerging financial applications extending beyond Bitcoin's traditional role, with protocols like Babylon allowing Bitcoin holders to stake BTC to secure Proof of Stake chains.

Bitcoin

Bitcoin is experiencing heightened volatility and intense social media debate as investors react to geopolitical instability and shifting political rhetoric surrounding current conflict zones. Community members are actively split between long-term holders advocating for dollar-cost averaging and traders attempting to navigate the price swings driven by potential military announcements and market-wide uncertainty.

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment is involved in memory and storage products sold into smartphone and other mobile-device markets. The EBU segment focuses on memory and storage products sold into automotive, industrial, and consumer Markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978 and is headquartered in Boise, ID.

Micron Technology Inc.

Micron Technology Inc

Micron is experiencing a volatile recovery as investors pivot between speculative war-related macro concerns and bullish enthusiasm regarding sold-out memory capacity and AI-driven supply demand. The community is sharply divided, with bulls pointing to strong fundamental demand and institutional call-buying, while bears remain skeptical of recent price action and persistent geopolitical instability.

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Market sentiment for the DIA remains heavily pressured as investors grapple with escalating geopolitical instability in the Middle East and concerns over persistent energy inflation. The community is actively debating the credibility of recent peace talk reports versus the threat of further conflict, leading to widespread volatility and skepticism regarding potential short-term recoveries.

Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other varieties of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The Americas segment includes North and South America. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. The Greater China segment comprises China, Hong Kong, and Taiwan. The Rest of Asia Pacific segment includes Australia and Asian countries. Its products and services include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, AppleCare, iCloud, digital content stores, streaming, and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak in April 1976 and is headquartered in Cupertino, CA.

Apple Inc

Apple is facing significant pressure as investors rotate out of tech and react to broader geopolitical instability in the Middle East, with many in the community closely watching the stock for potential capitulation alongside the wider market. Discussion remains polarized, with traders debating whether upcoming AI product announcements and a 50th-anniversary milestone can act as a catalyst for a rebound or if the stock will continue to lag behind its mega-cap peers.

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Indian equity markets are set for a subdued opening on Friday, with the Gift Nifty, an early indicator for the Nifty 50 index, edging 0.02% higher to 25,606.5 at 8:25 a.m. IST.&nbsp;&nbsp;The markets&nbsp;ended positively on Thursday, reaching their highest levels in four months. FMCG, real estate, autos, and consumer durables stocks drove the markets while losses in banking stocks slightly offset overall gains.Asian markets appeared weak on Friday, with all major indices apart from South Korea’s KOSPI trading in the red. The bourses in Shenzhen and Hong Kong were the biggest laggards.Investors moved to gold’s safe haven as the metal’s price hit a fresh high again. At the time of writing, the gold spot price rose 3.6% to $4,341.72&nbsp;per ounce. Brent crude traded up 0.37% at $62.14&nbsp;per barrel.Stock WatchFortis Healthcare: IHH Healthcare Berhad has launched an open offer to acquire up to 26.10% in Fortis Healthcare and 26.11% in Fortis Malar Hospitals.Biocon: Biocon Biologics expanded its partnership with Civica to launch a private-label insulin Glargine in the U.S.JSW Energy: Subsidiary JSW Energy (Utkal) received a 400 MW, 25-year power supply award from Power Company of Karnataka, with coal procurement under the SHAKTI Scheme.Godrej Industries: Invested ₹409 crore more in Godrej Capital, increasing its stake to 91.11%.BEML: Signed an MoU with Kineco to collaborate on advanced composite manufacturing for aerospace and defence.Atlanta Electricals: Secured an order worth ₹183.54 crore from BNC Power Projects for supplying a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers, along with a 400 KV bus reactor.PowerGrid Corp: Acquired Vindhyachal Varanasi Transmission for ₹19.84 crore.Eternal: Unit Blink Commerce (BCPL) has entered into a Business Transfer Agreement with another subsidiary, Blinkit Foods (BFL), under which the ‘Bistro by Blinkit’ quick service restaurant business will be transferred from BCPL to BFL for a ₹57 crore through a slump sale.Sanofi Consumer Healthcare India: Appointed Richard D’souza as Chief Financial Officer.Quarterly Earnings HighlightsInfosys: Q2 profit rose 13.2% to ₹7,364 crore on revenue growth of 8.6% to ₹44,490 crore, though margins dipped slightly to 21%. The company announced an interim dividend of ₹23 per share and guided FY26 revenue growth at 2% - 3% with an operating margin of 20% - 22%.Wipro: Q2 profit increased marginally by 1.2% to ₹3,246 crore, with revenue up 1.8% to ₹22,697 crore. IT services EBIT margin slipped to 16.7%, and the company guided Q3 IT services revenue between $2.59 - $2.64 billion.Jio Financial Services: Profit rose 0.9% to ₹695 crore as revenue surged 41.5% to ₹981 crore. AUM jumped sharply to ₹14,712 crore, while pre-provisioning operating profit improved to ₹579 crore.LTIMindtree: Q2 profit climbed 10.4% to ₹1,381 crore, driven by a 10.2% rise in revenue to ₹10,394 crore. Margins expanded 40 bps to 15.9%, and the firm declared an interim dividend of ₹22 per share.JSW Infrastructure: Profit declined 2.8% to ₹361 crore despite revenue rising 26.4% to ₹1,266 crore.Cyient: Profit slumped 28.8% to ₹128 crore despite a 3.7% dip in revenue to ₹1,781 crore. The company declared an interim dividend of ₹16 per share.Vikram Solar: Profit skyrocketed 1,646% to ₹129 crore as revenue nearly doubled to ₹1,110 crore, supported by strong execution and rising demand.Metro Brands: Profit fell 3.9% to ₹69 crore, though revenue rose 11.2% to ₹651 crore, reflecting steady consumer traction.CIE Automotive India: Profit grew 9.6% to ₹214 crore on revenue growth of 11.1% to ₹2,372 crore, aided by robust demand across key segments.Punjab &amp; Sind Bank: Profit surged 22.9% to ₹295 crore as NII rose 8.8% to ₹950 crore, with GNPA and NNPA ratios improving sequentially. The bank approved plans to raise up to ₹5,000 crore via equity and bonds and ₹3,000 crore via infrastructure bonds by March 2027.Rallis India: Profit inched up 4.1% to ₹102 crore despite a 7.2% decline in revenue to ₹861 crore.Sunteck Realty: Profit rose 41.4% to ₹49 crore, with revenue jumping 49.3% to ₹252 crore, led by strong project deliveries.PNB Gilts: Reported a loss of ₹45 crore versus a profit of ₹115 crore a year ago as revenue slipped 11.5% to ₹443 crore.Q2 Results TodayReliance Industries, JSW Steel, JSW Energy, 360 ONE WAM, Atul, AU Small Finance Bank, Bajaj Healthcare, Bank of India, Ceat, Central Bank of India, CESC, CRISIL, Dalmia Bharat, DCB Bank, Dixon Technologies, Havells India, Hindustan Zinc, India Cements, IndiaMART InterMESH, Jindal Saw, Jana Small Finance Bank, L&amp;T Technology Services, Oracle Financial Services Software, Polycab India, Poonawalla Fincorp, PVR Inox, REC, Shoppers Stop, Sobha, Solarworld Energy Solutions, Sterling and Wilson Renewable Energy, Tanla Platforms, Tata Technologies, Tejas Networks, TTK Healthcare, UCO Bank, and Ujjivan Small Finance Bank.Listing TodayCanara HSBC LifeActive IPOsMidwestFor updates and corrections, email newsroom[at]stocktwits[dot]com.&nbsp;

The digital broadcast on the facade of the Bombay Stock Exchange (BSE) displays the benchmark share index SENSEX crossing 32,000 points, on July 13, 2017 in Mumbai, India. (Photo by Kunal Patil/Hindustan Times via Getty Images)

Sensex, Nifty Poised For A Cautious Opening; Reliance, Infosys, Fortis, Wipro, Biocon, Vikram Solar, LTIMindtree Stocks Are In Focus

Indian conglomerate Reliance Industries is expected to post its Q2 earnings today

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Indian conglomerate Reliance Industries is expected to post its Q2 earnings today.

Shares of recently listed Vikram Solar surged over 13% on Wednesday after the company posted robust Q1FY26 results post-market hours on Tuesday. The stock hit a fresh high of ₹407.95, well above its issue price of ₹332.Strong Show In Q1The solar photovoltaic modules manufacturer reported a sharp jump in profitability, with net profit for the quarter rising to ₹133 crore compared with ₹24 crore in the same period last year. Revenue grew nearly 80% year-on-year to ₹1,135 crore, though it dipped slightly by 4% on a sequential basis from ₹1,183 crore in Q4FY25.Operational performance also improved, with EBITDA at ₹244 crore against ₹114 crore a year ago. On a sequential basis, EBITDA rose 15.4%. The stock had closed 3.5% higher in the previous session.Stock Trades Above Issue PriceThe solar manufacturer made a modest market debut on August 26, listing at a 1.8% premium at ₹338 per share on the NSE, below the 11% premium in the grey market, an informal arena where IPO shares change hands before official listing.The company’s ₹2,079-crore initial public offering witnessed robust investor interest and closed with an overall subscription of 54.63 times. Proceeds from the IPO are expected to fund capital expenditure via VSL Green Power’s Phase I and II projects and meet general corporate requirements.What Is The Retail Mood?Retail sentiment for <a href="https://stocktwits.com/symbol/VIKRAMSOLR.NSE">Vikram Solar</a> on Stocktwits shifted to ‘extremely bullish’ from ‘bullish’ a day earlier, amid ‘extremely high’ message volumes.<figure class="image"><img style="aspect-ratio:910/88;" src="https://news.stocktwits-cdn.com/Vikram_Solar_png_4200d6eaa7.webp" alt="Vikram Solar.png" width="910" height="88"><figcaption>Vikram Solar's Sentiment Meter and Message Volumes at 01:20 pm IST on September 10 | Source: Stocktwits&nbsp;</figcaption></figure>Earlier this week, Vikram Solar shares surged over 10% after the company won an <a href="https://stocktwits.com/news-articles/markets/equity/vikram-solar-servotech-shares-gained-on-key-renewable-energy-deals/chwW8cBRdAB">order</a> from L&amp;T Construction to supply 336 MW of high-efficiency solar modules for the Khavda Renewable Energy Park in Gujarat.For updates and corrections, email newsroom[at]stocktwits[dot]com.&nbsp;

Representative image of solar panels, which use silver in their photovoltaic (PV) cells, due its excellent electrical conductivity. (Photo by Westend61/Getty Images)

Vikram Solar Shares Hit Record High On Robust Q1 Earnings

Net profit rose to ₹133 crore compared with ₹24 crore last year, while revenue for the period increased 80%

Indian equity markets ended higher on Tuesday, helped by gains in technology stocks, led by Infosys’ buyback buzz. Pharma stocks also closed in the green.Broader markets are set for a firm opening on Wednesday, as the GIFT Nifty, an early indicator for the Nifty 50 index, traded 0.43% higher at 25,026.5 at 8:25 am IST.The potential thawing of a chill between the US and India could lift investor sentiment. In a post on Truth Social on Tuesday, Trump wrote he was “pleased to announce that India and the U.S. are continuing negotiations to address the Trade Barriers between our two Nations. I look forward to speaking with my very good friend, Prime Minister Modi, in the upcoming weeks. I feel certain that there will be no difficulty in coming to a successful conclusion for both of our Great Countries!”Prime Minister Narendra Modi <a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/narendramodi/status/1965597878237139351?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet">responded</a> on X, saying, “India and the US are close friends and natural partners. I am confident that our trade negotiations will pave the way for unlocking the limitless potential of the India-US partnership. Our teams are working to conclude these discussions at the earliest.”Asian markets were largely positive in early trade, except Shanghai, Shenzhen, and Malaysian indices. The gold spot price was 0.26% higher at $3,635.64&nbsp;per ounce, and Brent crude traded up 0.81% at $66.93&nbsp;per barrel.Back home, foreign institutional investors (FIIs) snapped an 11-day selling streak on September 9, buying equities worth ₹2,050 crore, while DIIs purchased equities worth ₹83 crore.Stock WatchKotak Mahindra Bank:&nbsp;Sumitomo Mitsui Banking Corporation is likely to exit the bank by selling its entire 1.65% stake via block deals.Blue Jet Healthcare: Promoter Akshay Bansarilal Arora will sell up to 6.83% stake through an OFS on September 10 - 11, with a floor price of ₹675 per share.Sun Pharma: Halol facility has been classified as OAI by the US FDA, keeping it under import alert until compliance with CGMP standards is achieved.Seafood exporters: Watch for stocks such as Avanti Feeds and Apex Foods. Reports suggest that&nbsp;the European Union, on Tuesday, approved 102 new Indian fishery establishments for exports to the European Union, which could boost export trading volumes.ICICI Prudential Life Insurance: To meet on September 12 to consider fundraising via non-convertible debentures on a private placement basis.HEG: Associate Bhilwara Energy acquired Statkraft’s 49% stake in Malana Power Company, becoming the sole owner of Malana and Allain Duhangan hydropower plants.Bajaj Auto: To pass on the full benefit of the GST reduction, cutting two-wheeler prices by up to ₹20,000 and three-wheeler prices by up to ₹24,000 from September 22.Sterling and Wilson Renewable Energy: Won a ₹415 crore contract for a 300 MW AC solar project in Rajasthan, which includes a 220/33 kV pooling substation.Samvardhana Motherson International: Subsidiary completes the acquisition of the remaining 25% stake in its two Turkish units.Thermax: Invests ₹115 crore in subsidiary First Energy for further funding into its wholly owned unit FE10.Bharat Electronics: To pay a final dividend of ₹0.90 per share on September 23.Mamata Machinery: Secures a $1.17 million order from a UAE-based customer for its 9-layer blown film plant, scheduled for Q4FY26 delivery.Bikaji Foods: Clarifies that its role in the Rajasthan Premier League was limited to sponsorship, with all payments made transparently and through proper banking channels.Tata Motors: Acquires a 26% equity stake in Tata Power Renewable’s two SPVs - TP Paarthav and TP Marigold.Eicher Motors: Royal Enfield brand to pass on GST rate benefits to customers across motorcycles, service, apparel, and accessories from September 22.Vikram Solar: Reported a 483.9% jump in consolidated Q1 profit to ₹133.4 crore, while revenue surged 79.7% to ₹1,133.6 crore.August General Insurance DataICICI Lombard General Insurance: reported a 2.1% rise in premium to ₹2,182.17 crore from ₹2,137.32 crore.The New India Assurance Company: Premium grew 8.67% to ₹2,196.8 crore compared to ₹2,021.6 crore.Go Digit General Insurance: Posted a 13.55% jump in premium to ₹737.84 crore from ₹649.78 crore.Star Health and Allied Insurance: Recorded a 1.85% increase in premium to ₹1,425.65 crore against ₹1,399.77 crore.Niva Bupa Health Insurance: Premium rose 2.74% to ₹612.94 crore from ₹596.58 crore.Ongoing IPOsUrban Company, Dev Accelerator, Shrinagar House of MangalsutraFor updates and corrections, email newsroom[at]stocktwits[dot]com.

Trading Radar For September 10: Kotak Bank, Sun Pharma, Tata Motors, Avanti Feeds, Vikram Solar Are On Investors’ Watchlist

Subscription for Urban Company’s IPO opens today

Indian solar stocks shone brightly on Monday, as Vikram Solar surged nearly 10% after securing a significant order from L&amp;T. Servotech jumped over 5% after inking a deal with China’s Pilot Group to manufacture battery energy storage systems.Vikram Solar – L&amp;T Construction Agreement For Solar ModulesVikram Solar secured a significant order from L&amp;T Construction to supply 336 MW of high-efficiency solar modules for the Khavda Renewable Energy Park in Gujarat.As part of the deal, the company will deliver its advanced Hypersol G12R modules built on N-type technology, offering up to 80% bifaciality, superior performance in high temperatures, and minimal year-on-year degradation, according to an official press release.Earlier this year, Vikram Solar bagged a 326 MW module supply order from Gujarat Industries Power Company (GIPCL) for the Khavda Renewable Energy Park.<a href="https://stocktwits.com/symbol/VIKRAMSOLR.NSE">Vikram Solar shares</a> gained as much as 9.5% to ₹353.65 on Monday. Since its listing on the benchmark indices on August 26, this has been the company’s biggest intra-day gain so far.Servotech Partners with China’s Pilot Group to Manufacture Battery Energy Storage SystemsServotech announced an exclusive strategic partnership with Zhuhai Piwin New Energy Co (Pilot Group), China, on Monday. The collaboration focuses on technology transfer and domestic manufacturing of advanced Battery Energy Storage Systems (BESS) in India, in line with the government’s ‘Make in India’ initiative.BESS solutions are crucial for maintaining grid stability, ensuring energy security, and enabling the integration of renewable energy sources on a round-the-clock basis.<a href="https://stocktwits.com/symbol/SERVOTECH.NSE">Servotech’s shares</a> were up 5.6% at ₹131.2 at the time of writing. It has shed over 21% so far this year.GST Cut On Solar ProductsLast week, the GST Council approved a lower tax rate for solar items, including solar panels, solar cookers, and other products used in solar manufacturing, to 5%, from 12% earlier.For updates and corrections, email newsroom[at]stocktwits[dot]com.

 Rows of photovoltaic modules in an Iberdrola solar park in Germany at its official commissioning.

Here’s Why These Two Solar Stocks Surged On Monday 

Vikram Solar rose 9.5% on a deal to supply solar modules, while Servotech’s BESS manufacturing contract with Zhuhai Piwin New Energy boosted the stock up to 6%

Vikram Solar Ltd. is a manufacturer of Solar PV modules and provides Engineering, Procurement, and Construction (EPC) as well as operation and maintenance services for solar power plants. It operates through the India and Overseas geographical segments. The company’s solar energy product portfolio includes: (i) PERC modules made with p-type monocrystalline silicon, (ii) N-type monocrystalline silicon modules, and (iii) HJT modules using n-type monocrystalline silicon. The company was founded by Gyanesh Chaudhary on December 2, 2005, and is headquartered in Kolkata, India.

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