ACME Solar Holdings trades higher on the BSE
ACME Solar Holdings is currently trading at Rs. 254.05, up by 4.35 points or 1.74% from its previous closing of Rs. 249.70 on the BSE.
The scrip opened at Rs. 248.05 and has touched a high and low of Rs. 265.00 and Rs. 248.05 respectively. So far 203173 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 292.00 on 04-Dec-2024 and a 52 week low of Rs. 167.55 on 28-Jan-2025.
Last one week high and low of the scrip stood at Rs. 265.00 and Rs. 245.30 respectively. The current market cap of the company is Rs. 15345.03 crore.
The promoters holding in the company stood at 83.41%, while Institutions and Non-Institutions held 11.83% and 4.75% respectively.
ACME Solar Holdings has placed an order of more than 3.1 GWh of Battery Energy Storage System (BESS) from leading global energy system suppliers including Zhejiang Narada and Trina Energy, renowned for their high efficiency and scalable storage solutions. This marks one of the largest battery storage procurements in India to date and will support the deployment of BESS across the company’s multiple renewable energy FDRE (Firm & Dispatchable Renewable Energy) and battery linked projects, scheduled for commissioning over the next 12-18 months across multiple states in India.
The delivery is planned in a phased manner over the next four to eight months of the current fiscal year. Importantly, order value of these systems is well within the budgeted cost enabling overall capex efficiency while maintaining focus on technical performance and supplier reliability. Moreover, the early procurement of these systems would accelerate execution timelines and enable timely revenue realization.
The advanced BESS equipment conforms to global standards including IEC and UL, ensuring best-in-class safety, performance and reliability. This significant order underscores the company’s commitment to accelerating clean energy adoption and enhancing grid stability in one of India’s fastest-growing renewable energy regions.
ACME Solar Holdings is a renewable energy company in India with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy projects.
