Swelect Energy Systems shines after bagging order for over 150 MW of solar PV modules
Swelect Energy Systems is currently trading at Rs. 545.00, up by 24.40 points or 4.69% from its previous closing of Rs. 520.60 on the BSE.
The scrip opened at Rs. 546.60 and has touched a high and low of Rs. 546.60 and Rs. 524.15 respectively. So far 3295 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 1526.35 on 29-Apr-2024 and a 52 week low of Rs. 459.75 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 546.60 and Rs. 472.35 respectively. The current market cap of the company is Rs. 827.67 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 0.09% and 43.54% respectively.
Swelect Energy Systems has secured orders over 150 MW for its high efficiency TOPCon Bi-facial solar PV modules. These orders underscore SWELECT’s technological leadership and the trust it commands in the solar energy market.
Additionally, SWELECT Group has raised Rs 290 crore funding through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt. This strategic move, secured against a portion of its Solar Power Generating Assets, has unlocked Rs 260 crore in cash collaterals - funds that will now be reinvested to scale up the SWELECT’s IPP portfolio to 1 GW by 2026-27.
Swelect Energy Systems (formerly known as Numeric Power Systems) is one of the leading Solar Power Systems Company with a strong presence in global energy market.
