Fujiyama Power Systems jumps 5% on new Ratlam factory

Solar power stock jumps 5% after this Capex expansion update

Shares of Fujiyama Power Systems surged 5.35% to Rs 410.80 in Monday's trade after the company commissioned its 2 GW power electronics manufacturing facility at Ratlam, Madhya Pradesh. The unit, part of…

The Story in Brief

Shares of Fujiyama Power Systems surged 5.35% to Rs 410.80 in Monday's trade after the company commissioned its 2 GW power electronics manufacturing facility at Ratlam, Madhya Pradesh. The unit, part of a greenfield expansion, will produce solar inverters, UPS systems and related solutions. This follows the commissioning of a 2 GW solar panel line in May. The company's total power electronics capacity now stands at 4.2 GW, targeting the growing rooftop solar market. Chairman Pawan Kumar Garg said the factory strengthens integrated manufacturing and supply chain integration. The stock has gained 84% year-to-date and made its debut in November 2025 at Rs 220.

The Indian Opinion

The usual narrative that solar stocks rise only on policy announcements or government subsidies is lazy. Here, the trigger is a concrete capex update: a 2 GW power electronics factory going live in Ratlam, adding to a 4.2 GW total capacity. The real test is whether this capacity translates into order wins and revenue growth in the coming quarters, not just a one-day price pop. Watch the company's next quarterly filings for execution numbers.


Source: livemint.com

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