ACME SOLAR HOLDINGS LTD. Plunges 7%; BSE POWER Index Down 1.5%
Mon, 10 Feb 9:47
Image source: Kameleon007 /www.istockphoto.comACME SOLAR HOLDINGS LTD. share price has plunged 7% and is presently trading at Rs 216.4.
Meanwhile, the BSE POWER index is at 6,170.4 (down 1.5%).
Among the top losers in the BSE POWER index today are Power Grid Corp. (down 2.4%) and INDIAN ENERGY EXCHANGE (down 2.0%).
BHEL (up 0.7%) is among the top gainers today.
Over the last one year, ACME SOLAR HOLDINGS LTD. has moved up from Rs 0.0 to Rs 216.4, registering a gain of Rs 216.4 .
On the other hand, the BSE POWER index has moved down from 6,474.2 to 6,170.4, registering a loss of 4.7% during the last 12 months.
The top losers among the BSE POWER index stocks during this same period were ADANI GREEN ENERGY (down 43.6%), ADANI ENERGY SOLUTIONS (down 25.9%) and NHPC (down 24.2%).
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What About the Benchmark Indices?
The BSE Sensex is at 77,478.8 (down 0.5%).
The top losers among the BSE Sensex today are Tata Steel (down 3.4%) and Power Grid Corp. (down 2.4%). The most traded stocks in the BSE Sensex are Tata Steel and ZOMATO.
In the meantime, NSE Nifty is at 23,408.3 (down 0.6%). Tata Steel and JSW Steel are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 72,186.1 to 77,478.8, registering a gain of 5,292.7 points (up 7.3%).
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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