# Premier Energies Profit Jumps 50%, Shares Slip After Q1 Results

2026-08-07T03:40:10+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Premier Energies reported a 50% rise in first-quarter profit, but its shares fell as much as 1.89% to Rs 1,022 before recovering slightly. The stock was down 0.9% at 9:45 am, NDTV Profit reported. Jefferies raised its target price, citing Premier Energies’ strong order book and earnings visibility. The results also kept renewable energy stocks in focus. Waaree Energies fell about 1%, while Suzlon Energy rose nearly 1% in morning trade, according to NDTV Profit.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/premier-energies-q1-the-solar-rally-wins-bullish-targets-from-brokerages-check-targets-11877352#publisher=newsstand>
- ndtvprofit.com <https://www.ndtvprofit.com/markets/premier-energies-share-price-slumps-nearly-2-despite-strong-q1-results-should-you-buy-11877575>
- ndtvprofit.com <https://www.ndtvprofit.com/markets/waaree-suzlon-in-focus-solar-stocks-trade-mixed-after-premier-energies-reports-strong-q1-11877494#publisher=newsstand>

Tags: Jefferies, Premier Energies, quarterly results, solar
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