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Luminousaimsat35%
businessfromsolarpowerin
next5years
LuminousPowerTechnologieswouldenterthebusinessofsolarbased
solutionsforresidentialhomesinnextsixmonths,accordingtoits
ManagingDirectorVipulSabharwal.

VIDEO OF THE DAY

LuminousPowerTechnologiesisexpectingsolarbusinesstocontributeupto35per
centtoitsoverallbusinessinnextfiveyearsasthecompanypreparestoforayinto
solarbasedsolutionsforhomes.

LuminousPowerTechnologieswouldenterthebusinessofsolarbasedsolutionsfor
residentialhomesinnextsixmonths,accordingtoitsManagingDirectorVipul
Sabharwal.
Marketnotinabubbleyet,butsome
pocketsovervaluedlikepvtbanks:
FranklinTempleton
(http://www.moneycontrol.com/news/busines

fundsbusiness/marketnotina
http://www.moneycontrol.com/news/business/luminousaimsat35businessfromsolarpowerinnext5years2323715.html 1/4
7/21/2017 Luminousaimsat35%businessfromsolarpowerinnext5yearsMoneycontrol.com

Besides,thepowerbackupsolutionsproviderisalsointalkswithseverallending fundsbusiness/marketnotina
bubbleyetbutsomepockets
companiestoprovidefinancingoptionsofitssolarbasedsolutionstocustomers,as
overvaluedlikepvtbanksfranklin
theonetimeinstallationcostisquitehigh. templeton2330651.html)

"Ifwetakeafiveyearhorizon,thesolarmarketwouldgrowmorethan20percent NEWS
andthis15percent(solarbusinessofthecompany)shouldbecomeatleast30to35 MOSTPOPULAR TOPNEWS

percentofourbusiness,"SabharwaltoldPTI.

Thecompanypresentlygenerates15percentofitsrevenuesfromthesolarvertical,
(http://www.moneycontrol.com/news/india/presidential
whereitispresentinthecomponentsupplysegment.
electionresults2017liveramnathkovindwins
2330639.html)
Presidentialelectionresults2017LIVE:Ram
Luminouswouldalsogoforproductenhancementandrefineitssolarproducts.
NathKovindelected14thPresidentofIndia
(http://www.moneycontrol.com/news/india/presidential
electionresults2017liveramnathkovind
"Inthenext56monthswewouldhitthemarketwiththecompleteintegrated wins2330639.html)
productinthesolarsegment,"headded.

"Therewouldbeanintegrationofsolarandpowerbackupattheresidentiallevel.
Therewouldbemuchhigheradoptionofsolaratonepartofthebusinesswesee,"
(http://www.moneycontrol.com/news/business/markets
hesaid. business/top10companieswiththreedigitpegave
upto400returninlast1yeardoyouownthem
2330549.html)
Besides,thecompanyisalsoexpecting1520percentrevenuesfromits Top10companieswiththreedigitPEgaveup
to400%returninlast1yeardoyouown
internationalbusinessand20percentfromthehomeelectricalsegmentinnextfive them?
years. (http://www.moneycontrol.com/news/business/markets
business/top10companieswiththreedigitpe
gaveupto400returninlast1yeardoyou
ownthem2330549.html)
LuminousPowerTechnologies,inwhichSchneiderElectrichas100percentstake,
hasaturnoverofRs2,800crore.

"WeshouldbeabletocrossRs5,000croreinnextfiveyears,"hesaidaddingthat
(http://www.moneycontrol.com/news/uncategorized/find
"Asofnow,wehaveaCAGRgrowthof21percent." valuenearmount10ktop3stockswhichcanbe
(https://www.facebook.com/sharer/sharer.php? multibaggersin23years2330693.html)
FindingvaluenearMount10K?Top3stocks
u=http://www.moneycontrol.com//news/business/luminous
ThecompanyhasdivideditsbusinessintotwopartsPowerstoragebusinessand
(https://twitter.com/home? whichcanbemultibaggersin23years
aims (http://www.moneycontrol.com/news/uncategorized/find
HomeElectricalBusiness.
status=Luminous
(https://plus.google.com/share?
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valuenearmount10ktop3stockswhichcan
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(Http://Www.Moneycontrol.Com/News/Tags/LuminousPowerTechnologies.Html)
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business closingdown2330379.html)
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RELATED NEWS power bankisclosingdown
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