business · resolves 2026-11-20

Will Nomura upgrade its target price for Acme Solar above ₹1,200 by its research note dated 2026-11-20?

8%chance, per Kāla

Why

Base rate: Historically, Nomura rarely more than doubles an initial target price within a month for a newly‑covered renewable stock, so the chance of an upgrade above ₹1,200 is low. The only available evidence (Mint, 2026‑10‑21) shows Nomura initiating coverage on Acme Solar with a Buy rating and a ₹505 target; there is no subsequent note indicating a major upward revision before the 2026‑11‑20 deadline.

Based on 14 dated sources · first forecast 2026-10-21 · 3 updates · locked in and fingerprinted before the answer is known.

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