Premier Energies soars on commissioning new 5.6 GW solar module facility in Telangana
Premier Energies is currently trading at Rs. 1114.70, up by 26.45 points or 2.43% from its previous closing of Rs. 1088.25 on the BSE.
The scrip opened at Rs. 1100.00 and has touched a high and low of Rs. 1134.00 and Rs. 1086.00 respectively. So far 121068 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1,135.00 on 35-Jul-2025 and a 52 week low of Rs. 660.80 on 01-Feb-2026.
Last one week high and low of the scrip stood at Rs. 1,134.00 and Rs. 1013.00 respectively. The current market cap of the company is Rs. 50513.45 crore.
The promoters holding in the company stood at 63.94%, while Institutions and Non-Institutions held 19.42% and 16.64% respectively.
Premier Energies has commissioned new 5.6 GW solar module manufacturing facility at Seetharampur in Rangareddy, Telangana. The Seetharampur manufacturing campus, spread across 75 acres, is the newest addition to the company’s manufacturing business. With commissioning of the new plant, the company’s module manufacturing capacity has reached 11.1 GW, strengthening the company’s ability to serve domestic and international markets. The new facility houses advanced G12R TOPCon module manufacturing lines, India’s first Zero Bus Bar manufacturing unit, AGV-enabled material movement and AI-powered quality inspection systems. The automated production lines are capable of manufacturing one solar module every four seconds while maintaining precision, consistency and quality at scale.
Additionally, the company has performed a ground-breaking ceremony for its 6 GWh Battery Energy Storage System (BESS) facility and 18,000 metric tonnes per annum aluminium frames facility. The ground-breaking marks the company’s expansion into allied clean-energy and manufacturing segments. These projects are expected to strengthen the company’s supply chain and contribute to India’s goal of building a self-reliant clean-energy ecosystem. Once fully operational, the Seetharampur facility is expected to create more than 3000 jobs empowering local communities and support a more diverse workforce.
