Juniper Green Energy IPO — Broker Reviews

JGEL ranks among India's largest renewable IPPs, backed by a strong order book with 25-year PPAs that support income and cash flow visibility. Revenue has grown steadily, though bottom-line results have been uneven due to higher finance costs, depreciation and amortization provisioning. The reviewer views the issue as richly priced relative to current financials, but sees a long-term growth story given the company's prospects, suggesting well-informed investors with a long-term horizon may consider it.