Company Performance: Strong financial results, increased sales, or successful project completions can boost investor confidence and drive up the stock price.

Market Sentiment: Overall investor mood and general market trends (bullish or bearish) impact the stock price of SELAN.NSE, regardless of its individual performance.

Sector Trends: Positive developments in the renewable energy sector can increase interest in companies like SELAN.NSE, while negative news can have the opposite effect.

Government Policies: Changes in government regulations, subsidies, or incentives related to solar energy can significantly influence the stock price.

Global Economy: Economic factors like interest rates, inflation, and global growth prospects can affect investor risk appetite and impact SELAN.NSE's stock.

Competition: The competitive landscape, including the emergence of new players or technological advancements, affects the market share and profitability of SELAN.NSE.

Commodity Prices: Fluctuations in the prices of raw materials used in solar panel manufacturing, such as silicon, can affect SELAN.NSE's production costs and profitability.