Nextracker is engaged in the provision of energy solution. Co. provides solar tracker and software solutions used in solar photovoltaic projects. Co.'s products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and improve plant performance. Co.'s tracking solutions portfolio include: NX Horizon that mounts a single line of panels along a tracker row; and NX Gemini, which is Co.'s two-in-portrait format tracker that holds two rows of solar panels along the central support beam. Co. also provides TrueCapture, a self-adjusting tracker control system for solar power plant. The NXT stock yearly return is shown above.
The yearly return on the NXT stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the NXT annual return calculation with any dividends reinvested as applicable (on ex-dates).
|