Alpex Solar Limited is engaged in the business of manufacturing & trading of solar panels in India. Its solar photovoltaic (PV) modules are manufactured using both monocrystalline and polycrystalline cell technologies. Its portfolio of solar energy products consists of bifacial, mono perc, Halfcut solar PV modules. It also provides integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories.

Alpex Solar major competitors are Swelect Energy, Insolation Energy, Salzer Electronics, Danish Power, Hind Rectifiers, Quadrant Future Tek, Virtuoso Optoelectro.
Market Cap of Alpex Solar is ₹1,958 Crs.
While the median market cap of its peers are ₹1,909 Crs.

Alpex Solar seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.