06-09-2024 04:31 PM | Source: Accord Fintech
Premier Energies zooms on the BSE

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Premier Energies is currently trading at Rs. 1124.10, up by 116.90 points or 11.61% from its previous closing of Rs. 1007.20 on the BSE.

The scrip opened at Rs. 1009.00 and has touched a high and low of Rs. 1190.00 and Rs. 981.40 respectively. So far 3839454 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 1190.00 on 06-Sep-2024 and a 52 week low of Rs. 801.60 on 03-Sep-2024.

Last one week high and low of the scrip stood at Rs. 1190.00 and Rs. 801.60 respectively. The current market cap of the company is Rs. 52046.41 crore.

Premier Energies has received order for the supply, installation, and commissioning with 5 years comprehensive warranty of 8,085 solar water pumping systems across various districts in Uttar Pradesh. This project, valued at Rs 215 crore, is scheduled for completion by March 2025. The company has received order from Uttar Pradesh Department of Agriculture under PM KUSUM scheme (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan)

This initiative falls under Component-B of PM-KUSUM Scheme aimed at ensuring energy security for farmers in India, along with honouring India’s commitment to increase the share of installed capacity of electric power from non-fossil-fuel sources to 40% by 2030 as part of Intended Nationally Determined Contributions (INDCs). 

Premier Energies manufactures integrated solar cell and solar panel.