ACME Solar shares fall 1.92% as company commissions 66.68 MW solar and 300 MWh BESS capacity in Rajasthan
Why did ACME Solar Holdings Ltd shares fall today?
ACME Solar Holdings Ltd shares saw a decline today, trading at ₹412.9 as of Wednesday at 10:03 AM. The stock is down by -1.92% compared to its previous close.
The movement comes as the company released a press announcement regarding its operational expansion. According to the filing dated September 16, 2026, ACME Solar, through its subsidiaries, has successfully commissioned a combined capacity of 66.68 megawatts (MW) of solar power and 300 megawatt-hours (MWh) of Battery Energy Storage System (BESS) in the state of Rajasthan.
This update confirms the company's execution of a key renewable energy project, adding significant solar generation and battery storage capabilities to its portfolio. The announcement was made to the BSE and National Stock Exchange of India, marking a tangible step in ACME Solar's growth and contribution to the country's clean energy infrastructure.
What does ACME Solar Holdings Ltd do?
ACME Solar Holdings Ltd is engaged in the commissioning of solar energy and battery energy storage projects. The company has successfully implemented 66.68 MW of solar capacity along with 300 MWh of battery energy storage system capacity in Rajasthan, highlighting its role in developing renewable energy infrastructure.
Headquartered in India, ACME Solar Holdings Ltd maintains its corporate office and registered office in Gurugram, Haryana. This operational base supports its activities in delivering solar power and energy storage solutions, as evidenced by its project completions in the region.
ACME Solar Holdings Ltd Financials
In CroresACME Solar Holdings Ltd demonstrated strong financial growth between March 2026 and June 2026. The company's quarterly revenue increased significantly from ₹547.77 crores to ₹857.48 crores. Correspondingly, its quarterly profit also saw substantial growth, rising from ₹139.32 crores to ₹235.33 crores over the same period. This data indicates a clear positive trend in both top-line revenue and bottom-line profitability for the company during this quarter.
ACME Solar Holdings Ltd Shareholding Pattern
Promoter holding stands at 71.4% of the total share capital. Foreign Institutional Investors (FIIs) hold 4.39% stake in the company, while Domestic Institutional Investors (DIIs) hold 19.1%. Public shareholders hold the remaining 4.92% stake in ACME Solar Holdings Ltd.
ACME Solar Holdings Ltd FAQs
Q: Why did ACME shares fall 1.92% today?
ACME Solar commissions 66.68 MW Solar Capacity and 300 MWh BESS Capacity in Rajasthan. This corporate action caught investor attention, leading to increased trading activity in the stock.
Q: What is the shareholding pattern of ACME Solar Holdings Ltd?
As per the latest data, promoters hold 71.4% stake in ACME Solar Holdings Ltd, while FII holding stands at 4.39%. Domestic institutional investors hold 19.1%, and public shareholders account for 4.92% of the equity.
Q: What is the current stock price of ACME Solar Holdings Ltd?
ACME Solar Holdings Ltd shares are currently trading at ₹412.9, recording a decline of 1.92% from the previous close.
Q: What is the market capitalization of ACME Solar Holdings Ltd?
The company currently has a market capitalization of ₹29162.77 crore, reflecting its valuation in the Indian equity market.