ACME Solar rises on commissioning first phase of BESS project in Rajasthan
Acme Solar Holdings is currently trading at Rs. 235.05, up by 1.20 points or 0.51 % from its previous closing of Rs. 233.85 on the BSE.
The scrip opened at Rs. 232.05 and has touched a high and low of Rs. 235.70 and Rs. 231.90 respectively. So far 6998 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 324.25 on 15-Sep-2025 and a 52 week low of Rs. 172.90 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 235.70 and Rs. 225.00 respectively. The current market cap of the company is Rs. 14243.37 crore.
The promoters holding in the company stood at 83.29%, while Institutions and Non-Institutions held 10.91% and 5.80% respectively.
ACME Solar Holdings, through its subsidiary - ACME Suryodaya, has commissioned the first phase of 19 MW/38 MWh out of 285 MW/600 MWh capacity of Battery Energy Storage System (BESS) Project located at Village: Sanwara and Mehar Nagar, Tehsil - Pokhran, District: Jaisalmer, Rajasthan. This project will currently be deployed as a merchant capacity while the company retains flexibility to shift to a long term PPA in future. The commercial operation date (COD) for the said first phase shall be February 27, 2026.
