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ACME SOLAR HOLDINGS LTD. Gains 7%; BSE POWER Index Up 1.2%
Wed, 5 Feb 9:56

ACME SOLAR HOLDINGS LTD. Gains 7%; BSE POWER Index Up 1.2%Image source: DNY59/www.istockphoto.com

ACME SOLAR HOLDINGS LTD. share price has zoomed 7% and is presently trading at Rs 223.0.

Meanwhile, the BSE POWER index is at 6,391.1 (up 1.2%).

Among the top gainers in the BSE POWER index today are TORRENT POWER (up 3.2%) and INDIAN ENERGY EXCHANGE (up 2.9%).

Thermax (down 3.1%) and KEC INTERNATIONAL (down 0.2%) are among the top losers today.

Over the last one year, ACME SOLAR HOLDINGS LTD. has moved up from Rs 0.0 to Rs 223.0, registering a gain of Rs 223.0 .

On the other hand, the BSE POWER index has moved down from 6,499.7 to 6,391.1, registering a loss of 1.7% during the last 12 months.

The top losers among the BSE POWER index stocks during this same period were ADANI GREEN ENERGY (down 39.8%), ADANI ENERGY SOLUTIONS (down 25.1%) and NHPC (down 23.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 78,597.9 .

The top gainers among the BSE Sensex today are Indusind Bank (up 2.7%) and Tata Motors (up 1.6%). The most traded stocks in the BSE Sensex are Tata Motors and ZOMATO.

In the meantime, NSE Nifty is at 23,759.5 (up 0.1%). BPCL and IOC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 71,731.4 to 78,597.9, registering a gain of 6,866.5 points (up 9.6%).

ACME SOLAR HOLDINGS LTD. Financial Update...

ACME SOLAR HOLDINGS LTD. net profit fell {profitpercent} YoY to Rs 1,121 million for the quarter ended December 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 3,490 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, ACME SOLAR HOLDINGS LTD. reported 22084.3% increase in net profit to Rs 6,978 million compared to net loss of Rs 32 million during FY23. Revenue of the company grew 1.9% to Rs 13,193 million during FY24.


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