Invinity Energy Systems Sees Increase in Major Holdings

Invinity Energy Systems ( (GB:IES) ) has issued an announcement.

Invinity Energy Systems PLC has announced a change in its major holdings, with Sachin Srinivas Sawrikar of Artha Bharat Investment Managers IFSC LLP increasing their stake in the company. This acquisition raises their voting rights from 3.91% to 4.251%, indicating a growing interest and confidence in Invinity’s market position and potential for growth. This change in holdings could impact the company’s strategic decisions and influence its future direction in the energy storage industry.

The most recent analyst rating on (GB:IES) stock is a Buy with a £65.00 price target. To see the full list of analyst forecasts on Invinity Energy Systems stock, see the GB:IES Stock Forecast page.

More about Invinity Energy Systems

Invinity Energy Systems PLC operates in the energy sector, focusing on the development and provision of energy storage systems. The company is known for its vanadium flow batteries, which are designed to provide reliable and durable energy storage solutions, catering to a growing market demand for sustainable energy technologies.

Average Trading Volume: 1,305,053

Technical Sentiment Signal: Sell

Current Market Cap: £70.49M

Learn more about IES stock on TipRanks’ Stock Analysis page.