{"id":295931,"date":"2026-10-08T17:41:02","date_gmt":"2026-10-08T12:11:02","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=295931"},"modified":"2026-10-08T17:41:02","modified_gmt":"2026-10-08T12:11:02","slug":"power-stocks-anand-rathi-clean-max-acme-solar","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/power-stocks-anand-rathi-clean-max-acme-solar\/","title":{"rendered":"Power Stocks: Anand Rathi Sees Demand Cycle Shifting to Value, Flags Clean Max and ACME Solar"},"content":{"rendered":"

Anand Rathi: power capacity to grow 7.7% CAGR to FY36E, solar 13%, wind 10.7%. Clean Max Rs 1,348.30 (-2.90%), ACME Solar Rs 420.40 (-3.61%) on 8 Oct 2026.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Anand Rathi says the power demand cycle is shifting to value, with India’s power capacity growing at a 7.7% CAGR through FY36E, led by solar at 13% and wind at 10.7%. Among listed power stocks, Clean Max trades at Rs 1,348.30 and ACME Solar at Rs 420.40 after both fell about 3% on 8 October. Both are growth-priced, with Clean Max at 103.91 times earnings and ACME Solar carrying a debt-to-equity ratio of 3.93. We could not locate Anand Rathi’s full report, so this article uses its published headline figures only.<\/p>\n<\/p><\/div>\n

Power stocks are back in focus after Anand Rathi said the power demand cycle is shifting to value. The brokerage expects India’s power capacity to grow at a 7.7% CAGR through FY36E, with solar growing at 13% and wind at 10.7%, and it shared views on Clean Max and ACME Solar.<\/p>\n

The call comes on a weak day, as the Sensex<\/a> fell 1.44% to 71,593.24 on 8 October. This article covers what the capacity numbers mean, how the two power stocks compare on price and valuation, what other brokers have said, and the risks.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

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