# ACMESOLAR (ACMESOLAR) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/acmesolar

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹437.65
- Change: +6.41%
- As of: 2026-09-18
- 1D return: +5.82%
- 5D return: +9.57%
- 1M return: +9.52%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, ACMESOLAR is trading at ₹435.25, exhibiting a strong bullish technical stance across daily, weekly, and monthly timeframes. All observed timeframes show the price trading above key moving averages (EMA 20, EMA 50, SMA 20, SMA 50, SMA 200) and the Supertrend indicator, reinforcing the prevailing uptrend. Daily and weekly chart patterns, including a "Bullish Engulfing Reversal" on the weekly chart and a "Morning Star" on the daily chart, suggest positive momentum. The stock is currently positioned near its highest range over the past 252 periods, indicating strong upward price action. However, the stock's annualized volatility stands at 0.43 and its Average True Range (ATR) is 3.94%, suggesting potential for price fluctuations.

The nearest resistance level is observed at ₹436.92, a mere 0.38% above the current price. Key support levels are identified at ₹428.63 (1.52% below) and ₹419.97 (3.51% below). A notable anomaly occurred on September 18, 2026, with an "upward" price move accompanied by "EXTREME" volume, a 6% return, and a volume ratio of 4.89, indicating significant buying interest. The stock has experienced 2 positive attention events in the last 30 days, against 1 downside event.

- Current price: ₹435.25 as of 2026-09-18.
- Nearest resistance: ₹436.92.
- Nearest support: ₹428.63.
- Daily, weekly, and monthly timeframes are aligned bullishly, with price above key moving averages and Supertrend.
- Active bullish patterns: "Bullish Engulfing Reversal" (weekly) and "Morning Star" (daily).

- Bullish Engulfing Reversal
- Morning Star
- Inside Bar
- Outside Bar
- Shooting Star
- Doji

### News Context

In the seven-day period leading up to September 17, 2026, ACME Solar Holdings was featured in multiple market commentary articles discussing potential trading strategies. On September 16, ACME Solar was included in discussions about key trading levels, target prices, and stop-loss recommendations, alongside other stocks like Kopran and Aegis Vopak Terminals. The previous day, September 15, a global brokerage, HSBC, reportedly maintained a 'buy' stance on ACME Solar and increased its stock price target. This follows broader market commentary on September 17 and September 16, which highlighted ACME Solar as a stock of interest for traders.

- On September 15, 2026, global brokerage HSBC reportedly maintained a 'buy' rating and raised the stock price target for ACME Solar Holdings.
- On September 16, 2026, ACME Solar Holdings was featured in market reports discussing trading strategies, including key levels, target prices, and stop-loss recommendations.
- On September 17, 2026, ACME Solar Holdings was identified as a stock of interest in a 'Trade Spotlight' article, alongside other companies like Prestige Estates Projects and PB Fintech.

- Trade Spotlight: How should you trade Prestige Estates Projects, PB Fintech, Allied Blenders and Distillers, ACME Solar, and others on September 17?
- ACME Solar, Kopran, Aegis Vopak: Top stocks to trade — Key levels, target price & stop loss
- Trade Spotlight: How should you trade Dabur India, ACME Solar Holdings, Emcure Pharma, Aegis Vopak Terminals, Prime Focus, and others on September 16?
- Stock market today: Trade guide for Sensex, Nifty 50, crude oil and gold | Seven stocks to buy
- Solar energy stock gets target price hike, HSBC maintains 'buy; says this

### What Changed

ACME Solar Holdings Limited (ACMESOLAR) on the NSE has announced an update regarding the commissioning of its Battery Energy Storage System (BESS) Project. The company informed the exchange on September 17, 2026, about the commencement of commercial production or operations for this project. In terms of recent price action, the stock closed at ₹435.25 on September 18, 2026, an increase from its previous price of ₹411.3. The company's profile and exchange listing on the NSE remain unchanged.

- On September 17, 2026, ACME Solar Holdings Limited announced the commencement of commercial production/operations for its Battery Energy Storage System (BESS) Project.
- The stock price on September 18, 2026, was ₹435.25, up from ₹411.3 previously.
- The company continues to be listed on the NSE.

- Acme Solar Holdings Limited has informed the Exchange about update on commissioning of Battery Energy Storage System (BESS) Project |SUBJECT: Commencement of commercial production/operations

### Official Filings

ACME Solar Holdings Limited has reported significant progress in commissioning its Battery Energy Storage System (BESS) projects. On September 17, 2026, a wholly owned subsidiary, ACME Greentech Seventh Private Limited, commissioned Phase-II of the BESS component for its FDRE Project in Bikaner, Rajasthan. This phase adds 52.32 MW/209.28 MWh to the company's operational capacity, with a commercial operation date set for September 19, 2026. This follows the commissioning of Phase-I (53.63 MW/300 MWh) on September 14, 2026, for the same project. The company has secured a Power Purchase Agreement with SJVN Limited for this project and long-term financing from REC. ACME Solar anticipates commissioning the entire BESS capacity by the third quarter of the current fiscal year. Additionally, on September 15, 2026, the company incorporated four new wholly-owned subsidiaries—ACME Greentech Twenty Five through Twenty Eight Private Limited—to develop renewable energy projects across India, subscribing to an initial share capital of ₹100,000 for each entity. Officials are also scheduled to participate in an investor and analyst meeting on September 21, 2026, in Delhi, where no unpublished price-sensitive information will be disclosed.

- On September 17, 2026, ACME Greentech Seventh Private Limited commissioned 52.32 MW/209.28 MWh of BESS capacity, part of the FDRE Project in Bikaner, Rajasthan.
- The commercial operation date for this Phase-II BESS component is September 19, 2026.
- Phase-I of the BESS component (53.63 MW/300 MWh) for the FDRE Project was commissioned on September 14, 2026.
- On September 15, 2026, ACME Solar Holdings Limited incorporated four new subsidiaries for renewable energy project development.
- Company officials are scheduled to meet with investors and analysts on September 21, 2026, in Delhi.

- ACME SOLAR HOLDINGS LIMITED has informed the Exchange about Commencement or postponement (Sub-para 1-Para B) |SUBJECT: Commencement or postponement (Sub-para 1-Para B)
- ACME SOLAR HOLDINGS LIMITED has informed the Exchange about Commencement or postponement (Sub-para 1-Para B) |SUBJECT: Commencement or postponement (Sub-para 1-Para B)
- Acme Solar Holdings Limited has informed the Exchange about update on commissioning of Battery Energy Storage System (BESS) Project |SUBJECT: Commencement of commercial production/operations
- Acme Solar Holdings Limited has informed the Exchange regarding a press release dated September 16, 2026, titled "ACME Solar commissions 66.68 MW Solar Capacity and 300 MWh BESS Capacity in Rajasthan". |SUBJECT: Press Release
- Acme Solar Holdings Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- ACME SOLAR HOLDINGS LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- ACME Solar Holdings Limited has informed the Exchange regarding Acquisition of to be incorporated companies |SUBJECT: Acquisition of 'to be incorporated companies'-XBRL
- Acme Solar Holdings Limited has informed the Exchange about Incorporation of four wholly owned subsidiaries. |SUBJECT: Acquisition
- Acme Solar Holdings Limited has informed the Exchange about Commissioning of Battery Energy Storage Systems (BESS) Project |SUBJECT: Commencement of commercial production/operations
- ACME SOLAR HOLDINGS LIMITED has informed the Exchange about Commencement or postponement (Sub-para 1-Para B) |SUBJECT: Commencement or postponement (Sub-para 1-Para B)

### Fundamentals

ACME Solar Holdings has shown a notable increase in its operating performance, with Revenue From Operations growing from ₹496.79 crore in Q3 FY2025-26 to ₹857.50 crore in Q1 FY2026-27. This top-line growth has been accompanied by an expansion in Operating Profit, which rose from ₹458.0 crore in Q3 FY2025-26 to ₹734.0 crore in Q4 FY2025-26, and a projected ₹858.0 crore in Q1 FY2026-27. The company's Operating Profit Margin (OPM) has remained strong, fluctuating between 85% and 90% across these periods. Net Profit has also seen a significant upward trend, increasing from ₹122.0 crore in Mar 2025 to a projected ₹235.0 crore in Q1 FY2026-27. The company's balance sheet shows a substantial increase in Borrowings from ₹8,536 crore in Mar 2024 to a projected ₹19,896 crore by Mar 2026, alongside a significant rise in Fixed Assets and CWIP, indicating ongoing capital expenditure. This expansion is financed by a projected increase in Equity Capital to ₹121 crore and a substantial rise in Reserves to ₹4,940 crore by Mar 2026. The Cash Flow from Operations has been positive, but Free Cash Flow has been negative in recent projected periods (Mar 2025: -₹1,719.0 crore, Mar 2026: -₹4,071.0 crore), suggesting significant investment outflows. The Cash Conversion Cycle has improved, decreasing from 116 days in Mar 2024 to a projected 60 days by Mar 2026. Key monitoring areas include the management of increased borrowings and the conversion of investments into operating assets and cash flow.

- Revenue From Operations increased from ₹496.79 crore in Q3 FY2025-26 to ₹857.50 crore in Q1 FY2026-27.
- Operating Profit grew from ₹458.0 crore in Q3 FY2025-26 to a projected ₹858.0 crore in Q1 FY2026-27.
- Operating Profit Margin (OPM) has been consistently strong, ranging from 85% to 90% in recent periods.
- Net Profit increased from ₹122.0 crore in Mar 2025 to a projected ₹235.0 crore in Q1 FY2026-27.
- Borrowings are projected to increase significantly from ₹8,536 crore in Mar 2024 to ₹19,896 crore by Mar 2026.

### Bull Case

ACME Solar Holdings has demonstrated significant profit growth over the past five years, with a compounded profit growth rate of 51%. This is further supported by a strong compounded sales growth of 48% in the Trailing Twelve Months (TTM) period. Technically, the stock exhibits a bullish trend across daily, weekly, and monthly timeframes, as indicated by the Supertrend indicator. Recent news also highlights analyst attention, with a mention of a target price hike by HSBC, which maintained a 'buy' rating.

- Compounded profit growth has been 51% over 5 years.
- Compounded sales growth was 48% in the TTM period.
- The stock shows a bullish Supertrend signal on daily, weekly, and monthly charts.
- HSBC has reportedly maintained a 'buy' rating and increased the target price for ACME Solar Holdings.

- Trade Spotlight: How should you trade Prestige Estates Projects, PB Fintech, Allied Blenders and Distillers, ACME Solar, and others on September 17?
- ACME Solar, Kopran, Aegis Vopak: Top stocks to trade — Key levels, target price & stop loss
- Trade Spotlight: How should you trade Dabur India, ACME Solar Holdings, Emcure Pharma, Aegis Vopak Terminals, Prime Focus, and others on September 16?
- Stock market today: Trade guide for Sensex, Nifty 50, crude oil and gold | Seven stocks to buy
- Solar energy stock gets target price hike, HSBC maintains 'buy; says this

### Bear Case

The company's balance sheet shows a significant increase in borrowings, rising from ₹10,976 crore in March 2025 to ₹19,896 crore in March 2026. This substantial debt growth is accompanied by a corresponding increase in total assets and total liabilities. Concurrently, cash flow from operations has declined, from ₹1,543 crore in March 2025 to ₹1,249 crore in March 2026, and operating cash flow (CFO/OP) has also decreased from 135.0 to 75.0 over the same periods. Free cash flow has turned more negative, decreasing from -₹1,719 crore in March 2025 to -₹4,071 crore in March 2026. While the company has seen strong compounded profit growth over 5 years (51%) and TTM (45%), the increasing debt levels alongside declining operational cash flow generation and worsening free cash flow warrants attention.

- Borrowings increased from ₹10,976 crore (Mar 2025) to ₹19,896 crore (Mar 2026).
- Cash flow from operations decreased from ₹1,543 crore (Mar 2025) to ₹1,249 crore (Mar 2026).
- Free Cash Flow declined from -₹1,719 crore (Mar 2025) to -₹4,071 crore (Mar 2026).
- Operating cash flow (CFO/OP) fell from 135.0 (Mar 2025) to 75.0 (Mar 2026).

- Trade Spotlight: How should you trade Prestige Estates Projects, PB Fintech, Allied Blenders and Distillers, ACME Solar, and others on September 17?
- ACME Solar, Kopran, Aegis Vopak: Top stocks to trade — Key levels, target price & stop loss
- Trade Spotlight: How should you trade Dabur India, ACME Solar Holdings, Emcure Pharma, Aegis Vopak Terminals, Prime Focus, and others on September 16?
- Stock market today: Trade guide for Sensex, Nifty 50, crude oil and gold | Seven stocks to buy
- Solar energy stock gets target price hike, HSBC maintains 'buy; says this

### FAQs

**What recent operational developments has ACME Solar Holdings reported?**

ACME Solar Holdings has reported the commissioning of its Battery Energy Storage System (BESS) component in Bikaner, Rajasthan. On September 17, 2026, Phase-II (52.32 MW/209.28 MWh) was commissioned, with commercial operations starting September 19, 2026. This follows Phase-I (53.63 MW/300 MWh) which was commissioned on September 14, 2026, with commercial operations starting September 16, 2026. The company also reported commissioning 66.68 MW of solar capacity alongside the BESS capacity on September 16, 2026. The entire BESS capacity is expected to be commissioned by Q3 of the current fiscal year.

**How has ACME Solar Holdings' financial position changed between March 2025 and March 2026?**

Between March 2025 and March 2026, ACME Solar Holdings' total assets increased from ₹18,140 million to ₹28,540 million, driven by increases in fixed assets (from ₹12,315 million to ₹15,732 million), other assets (from ₹4,188 million to ₹8,176 million), and construction work in progress (CWIP) (from ₹1,362 million to ₹4,358 million). Correspondingly, total liabilities also rose from ₹18,140 million to ₹28,540 million, with borrowings increasing significantly from ₹10,976 million to ₹19,896 million. Equity capital remained unchanged at ₹121 million, while reserves grew from ₹4,390 million to ₹4,940 million.

**What are the recent cash flow trends for ACME Solar Holdings?**

For the period ending March 2026, ACME Solar Holdings reported a decrease in Cash from Operating Activity to ₹1,249 million, down from ₹1,543 million in March 2025. Cash from Financing Activity, however, saw a substantial increase, rising to ₹7,015 million from ₹3,408 million. Cash from Investing Activity also increased its outflow, moving from ₹3,976 million to ₹7,317 million. Consequently, Free Cash Flow became more negative, decreasing from ₹1,719 million in March 2025 to ₹4,071 million in March 2026. The Net Cash Flow remained relatively stable, at ₹947 million in March 2026 compared to ₹975 million in March 2025.

**What is the recent technical outlook for ACME Solar Holdings based on its trading data as of September 18, 2026?**

As of September 18, 2026, ACME Solar Holdings is exhibiting a bullish trend across daily, weekly, and monthly timeframes, indicated by its Supertrend indicator. The daily closing price was ₹435.25, with the 20-day Exponential Moving Average (EMA) at ₹405.38 and the 50-day EMA at ₹386.99. The stock has shown strong recent returns, with a 6-month return of 75% and a Year-to-Date (YTD) return of 83%. Nearest support levels are identified around ₹428.63 and ₹419.97, while a resistance level is noted at ₹436.92.

- Trade Spotlight: How should you trade Prestige Estates Projects, PB Fintech, Allied Blenders and Distillers, ACME Solar, and others on September 17?
- ACME Solar, Kopran, Aegis Vopak: Top stocks to trade — Key levels, target price & stop loss
- Trade Spotlight: How should you trade Dabur India, ACME Solar Holdings, Emcure Pharma, Aegis Vopak Terminals, Prime Focus, and others on September 16?
- Stock market today: Trade guide for Sensex, Nifty 50, crude oil and gold | Seven stocks to buy
- Solar energy stock gets target price hike, HSBC maintains 'buy; says this
- ACME SOLAR HOLDINGS LIMITED has informed the Exchange about Commencement or postponement (Sub-para 1-Para B) |SUBJECT: Commencement or postponement (Sub-para 1-Para B)
- ACME SOLAR HOLDINGS LIMITED has informed the Exchange about Commencement or postponement (Sub-para 1-Para B) |SUBJECT: Commencement or postponement (Sub-para 1-Para B)
- Acme Solar Holdings Limited has informed the Exchange about update on commissioning of Battery Energy Storage System (BESS) Project |SUBJECT: Commencement of commercial production/operations
- Acme Solar Holdings Limited has informed the Exchange regarding a press release dated September 16, 2026, titled "ACME Solar commissions 66.68 MW Solar Capacity and 300 MWh BESS Capacity in Rajasthan". |SUBJECT: Press Release
- Acme Solar Holdings Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹411.68
- Risk regime: Price Risk Requires Attention

### Support levels
- 376.3
- 344.7
- 333

### Resistance levels
- 436.91666666666674

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +5.82% |
| return_10 | +8.30% |
| return_1m | +17.08% |
| return_1y | +43.25% |
| return_20 | +9.52% |
| return_3m | +31.14% |
| return_5 | +9.57% |
| return_6m | +75.02% |
| return_since_start | +85.48% |
| return_ytd | +83.00% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -37.59% |
| annualized_volatility | +43.25% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Surge Lifts Profit as Expenses Grow More Slowly

ACME Solar Holdings Ltd. reported a sharp increase in revenue for the first quarter of FY2026‑27, which drove a substantial rise in net profit. Revenue grew over 56% from the previous quarter and nearly 68% from the same quarter last year. Expenses rose at a much slower pace, and finance costs were nearly flat sequentially, allowing most of the additional revenue to reach the bottom line. The company recorded no exceptional items, resulting in a clean profit figure.

## Revenue Growth

Revenue from operations was ₹857.50 crore, up from ₹547.85 crore in Q4 FY2025‑26 and ₹510.98 crore in Q1 FY2025‑26. This represents a 56.5% sequential increase and a 67.8% year‑over‑year increase. The jump marks a clear acceleration from the revenue levels seen over the previous four quarters, which ranged between ₹467.75 crore and ₹547.85 crore.

## Profitability and Margins

Profit before exceptional items and tax rose to ₹331.46 crore from ₹175.62 crore in the prior quarter, an 88.7% increase. Net profit (profit for the period) increased to ₹235.33 crore from ₹138.31 crore, up 70.2% sequentially and 79.9% year‑over‑year.

The net profit margin for the quarter was 27.44%, meaning over a quarter of revenue translated into net profit. The EBITDA margin was 96.86%, indicating that operating costs (excluding depreciation and finance costs) were very low relative to revenue. The EBIT margin was 78.80%.

## Expenses and Finance Costs

Total expenses increased to ₹622.31 crore from ₹529.29 crore in Q4, a 17.6% rise, which was much slower than revenue growth. Finance costs, a significant expense for a capital‑intensive business, were ₹344.27 crore, only 2.0% higher than the previous quarter’s ₹337.48 crore. With finance costs nearly flat, the revenue increase largely flowed through to profit.

The interest coverage ratio (EBIT divided by finance costs) improved to 1.96 from 1.52 in the prior quarter, indicating better earnings relative to interest obligations.

## Earnings Per Share

Basic earnings per share from continuing operations rose to ₹3.71 from ₹2.30 in Q4, a 61.3% increase. On a trailing twelve‑month basis, EPS was ₹9.79.

## Key Takeaway

The first quarter of FY2026‑27 was marked by a sharp increase in revenue, which drove a substantial rise in profitability. Expenses grew at a much slower rate, and finance costs were nearly flat sequentially, allowing most of the additional revenue to reach the bottom line. The company reported no exceptional items, resulting in a clean profit figure. The improvement in interest coverage is a notable development for debt‑servicing capacity. The quarter represents a significant step‑up in financial performance compared to both the immediate prior quarter and the same quarter last year.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_24030_WebXMLFile_20260918_122117826.xml)
- 2026-09-18 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_18092026195938_intimation18092026.pdf)
- 2026-09-18 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_24030_WebXMLFile_20260918_200737318.xml)
- 2026-09-17 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_24030_WebXMLFile_20260917_191050834.xml)
- 2026-09-17 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_17092026233124_Intimation170926.pdf)
- 2026-09-16 — Press Release: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_16092026082205_Intimation16092026.pdf)
- 2026-09-15 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_15092026174225_Intimation.pdf)
- 2026-09-15 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_24030_WebXMLFile_20260915_180234345.xml)
- 2026-09-15 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_24030_WebXMLFile_20260915_185824335.xml)
- 2026-09-15 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_15092026185057_Intimation15092026.pdf)
- 2026-09-14 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_14092026222510_Intimation14092026.pdf)
- 2026-09-13 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_24030_WebXMLFile_20260913_144402430.xml)
- 2026-09-12 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_12092026232503_Renewtech.pdf)
- 2026-09-10 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_10092026200655_finalupload1009.pdf)
- 2026-09-07 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_07092026165024_Intimation.pdf)
- 2026-09-03 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_03092026211033_IntimationBRSR.pdf)
- 2026-09-03 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_24030_WebXMLFile_20260903_205924378.xml)
- 2026-09-03 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_24030_WebXMLFile_20260903_210045056.xml)
- 2026-09-03 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_03092026213034_IntimationNonEmail.pdf)
- 2026-09-02 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_02092026181303_Intimation02092026.pdf)
- 2026-09-02 — Annual Report: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31312_ACMESOLAR_2025_2026_A_11589161_03092026203353.pdf)
- 2026-09-01 — Management Change: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_01092026213424_Outcome.pdf)
- 2026-09-01 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_24030_WebXMLFile_20260901_214212263.xml)
- 2026-08-28 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACMECS_28082026131450_Intimation.pdf)
- 2026-08-28 — Generic Announcement: Acme Solar Holdings Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_24030_WebXMLFile_20260828_171434239.xml)

## News and market events

- 2026-09-17 — MONEYCONTROL: **Trade Spotlight: How should you trade Prestige Estates Projects, PB Fintech, Allied Blenders and Distillers, ACME Solar, and others on September 17?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,Aegis Vopak Terminals,ACME Solar Holdings,Prestige Estates Projects,PB Fintech,Allied Blenders and Distillers, — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-prestige-estates-projects-pb-fintech-allied-blenders-and-distillers-acme-solar-and-others-on-september-17-14031583.html)
- 2026-09-16 — BUSINESSTODAY: **ACME Solar, Kopran, Aegis Vopak:  Top stocks to trade — Key levels, target price & stop loss** — Stocks to buy, Stock picks, Stocks to trade, trading views, ACME Solar Holdings, Aegis Vopak Terminals, Kopran, ACME Solar shares, Aegis Vopak shares, Kopran shares, ACME Solar share price, Aegis Vopak share price, Kopran share price, ACME Solar stock price, Aegis Vopak stock price, Kopran stock price, ACME Solar target price, Aegis Vopak target price, Kopran target price — [Source](https://www.businesstoday.in/markets/stocks/story/acme-solar-kopran-aegis-vopak-top-stocks-to-trade-key-levels-target-price-stop-loss-555755-2026-09-16)
- 2026-09-16 — MONEYCONTROL: **Trade Spotlight: How should you trade Dabur India, ACME Solar Holdings, Emcure Pharma, Aegis Vopak Terminals, Prime Focus, and others on September 16?** — Trade Spotlight — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-dabur-india-acme-solar-holdings-emcure-pharma-aegis-vopak-terminals-prime-focus-and-others-on-september-16-14030707.html)
- 2026-09-16 — Mint: **Stock market today: Trade guide for Sensex, Nifty 50, crude oil and gold | Seven stocks to buy** — The Indian stock market is set for a flat opening on 16 September, following a decline in global markets. The Sensex fell 777.94 points, while the Nifty 50 dropped 279.50 points, influenced by rising crude oil prices and inflation concerns amid geopolitical tensions. — [Source](https://www.livemint.com/market/stock-market-news/stock-market-today-trade-guide-for-sensex-nifty-50-crude-oil-and-gold-seven-stocks-to-buy-11789520520389.html)
- 2026-09-15 — BUSINESSTODAY: **Solar energy stock gets target price hike, HSBC maintains 'buy; says this** — Acme Solar Holdings stock, Acme Solar Holdings stock rises, Acme Solar Holdings stock price target, Acme Solar Holdings stock price outlook, global brokerage HSBC, Acme Solar Holdings market cap — [Source](https://www.businesstoday.in/markets/stocks/story/solar-energy-stock-gets-target-price-hike-hsbc-maintains-buy-says-this-555638-2026-09-15)
- 2026-09-15 — CNBC-TV18: **ACME Solar shares gain 6% as HSBC raises target; BESS project commissioned** — HSBC remains positive on ACME Solar's ability to secure new projects and convert LoAs into PPAs, although it noted that project economics have deteriorated somewhat because of competitive intensity. — [Source](https://www.cnbctv18.com/market/acme-solar-share-price-hsbc-raises-target-buy-sell-bess-project-commissioning-19990944.htm)
- 2026-09-15 — Economic Times: **HSBC raises ACME Solar target price by 15%; stock jumps 5%. Why is the brokerage bullish?** — ACME Solar shares rose sharply after HSBC raised its target price by 15% to Rs 450 and retained its Buy rating. The brokerage sees signs of a recovery in renewable energy auctions, supported by rising power demand and growing adoption of battery storage and firm, dispatchable renewable energy projects. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/hsbc-raises-acme-solar-target-price-by-15-stock-jumps-5-why-is-the-brokerage-bullish/articleshow/134257471.cms)
- 2026-09-15 — Mint: **ACME Solar shares jump 5% after HSBC raises target price - Check investment rationale** — ACME Solar's stock jumped 5% after HSBC raised its target price from  ₹390 to  ₹450, recognizing the firm's growth potential in renewable energy. With a year-to-date surge of 74%, ACME is evolving from a pure solar provider to a diversified energy player, but risks remain. — [Source](https://www.livemint.com/market/stock-market-news/acme-solar-shares-jump-5-after-hsbc-raises-target-price-check-investment-rationale-11789458709759.html)
- 2026-09-15 — MONEYCONTROL: **Buzzing Stocks: Indiabulls up 5% on agreement with Fintech Cloud; Raymond gains 10% on order wins** — Buzzing Stocks — [Source](https://www.moneycontrol.com/news/business/markets/buzzing-stocks-indiabulls-up-5-on-agreement-with-fintech-cloud-raymond-gains-10-on-order-wins-14029859.html)
- 2026-09-10 — BUSINESSTODAY: **Power stocks: Nuvama picks ACME Solar, NTPC, Power Grid; check target prices** — ACME Solar, NTPC, Power Grid, Nuvama Institutional Equities, power stocks, India power demand, electricity demand, thermal PLF, IEX, Acme Solar Holdings, NTPC, Power Grid Corporation of India, power sector, stock picks, target price, Buy rating, Hold rating — [Source](https://www.businesstoday.in/markets/stocks/story/power-stocks-nuvama-picks-acme-solar-ntpc-power-grid-check-target-prices-554670-2026-09-10)
- 2026-09-07 — MONEYCONTROL: **Trade Spotlight: How should you trade IFCI, Balaji Amines, ACME Solar Holdings, Indraprastha Gas, Tata Communications, and others on September 7?** — Trade Spotlight — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-ifci-balaji-amines-acme-solar-holdings-indraprastha-gas-tata-communications-and-others-on-september-7-14023879.html)
- 2026-09-07 — Mint: **Stock recommendations for 7 September from MarketSmith India** — MarketSmith India reveals its top stock recommendations for today, 7 September. Get expert insights into the best-performing stocks to guide your investment decisions. — [Source](https://www.livemint.com/market/stock-market-news/stock-recommendations-for-7-september-from-marketsmith-india-11788523305762.html)
- 2026-09-06 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Monday** — Indian benchmark indices ended slightly higher on Friday, with the Sensex rising 363 points and Nifty closing below 23,898. Investors monitored global market cues, US economic data, and inflation reports, while stock-specific action drove intraday activity across major sectors in a sideways-moving market environment. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-monday/articleshow/133834844.cms)
- 2026-09-04 — Times of India: **Top stocks to buy today: Stock market recommendations for September 4, 2026 - check list** — India Business News: Stock market recommendations: Capri Global Capital Ltd, Engineers India Ltd, and Acme Solar Holdings - these are the top stocks to buy today on Septem. — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-september-04-2026-capri-global-capital-ltd-engineers-india-acme-solar-holdings-stocks-to-buy-today/articleshow/133749822.cms)
- 2026-08-27 — Economic Times: **ACME Solar raises Rs 1,571 crore for 300 MW Rajasthan power project** — ACME Solar Holdings announced ₹1,571 crore project funding from IIFCL. This financing will develop ACME Renewtech Sixth's 300 MW assured peak power project. The company has now secured ₹10,976 crore in financing this fiscal year. The project's power purchase agreement is with Solar Energy Corporation of India. This agreement is for twenty-five years at a tariff of ₹6.28 per unit. — [Source](https://economictimes.indiatimes.com/industry/renewables/acme-solar-raises-rs-1571-crore-for-300-mw-rajasthan-power-project/articleshow/133577675.cms)
- 2026-08-27 — BUSINESS: **Nifty slips below 24,150 mark; PSU Bank shares plunge** — PSU bank stocks declined after advancing for two consecutive trading sessions. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-slips-below-24-150-mark-psu-bank-shares-plunge-126082700465_1.html)
- 2026-08-27 — BUSINESSTODAY: **ACME Solar shares off 2% from day's high despite securing Rs 1,571 crore project funding** — ACME Solar shares, ACME Solar shares price, ACME Solar shares news today, ACME shares price, ACME shares today, ACME share prices today — [Source](https://www.businesstoday.in/markets/stocks/story/acme-solar-shares-off-2-from-days-high-despite-securing-rs-1571-crore-project-funding-551706-2026-08-27)
- 2026-08-27 — BUSINESS: **ACME Solar secures Rs 1,571-cr funding for 300 MW Rajasthan project** — ACME Solar Holdings announced that it has secured Rs 1,571 crore in long-term project funding from India Infrastructure Finance Company (IIFCL) for the construction and development of its 300 MW assured peak power project in Rajasthan. — [Source](https://www.business-standard.com/markets/capital-market-news/acme-solar-secures-rs-1-571-cr-funding-for-300-mw-rajasthan-project-126082700280_1.html)
- 2026-08-27 — BUSINESS: **ACME Solar Holdings secures project funding of Rs 1,571 cr from IIFCL** — For ACME Renewtech Sixth 300 MW Assured Peak Power Project — [Source](https://www.business-standard.com/markets/capital-market-news/acme-solar-holdings-secures-project-funding-of-rs-1-571-cr-from-iifcl-126082700181_1.html)
- 2026-08-21 — BUSINESS: **Bonanza's Kunal Kamble is bullish on MCX and two other stocks; details here** — Kunal Kamble, senior technical research analyst at Bonanza, recommends three stocks to buy today: MCX, ACME Solar and Brigade Enterprises. — [Source](https://www.business-standard.com/markets/news/bonanza-s-kunal-kamble-is-bullish-on-mcx-and-two-other-stocks-details-here-126082100076_1.html)
- 2026-08-20 — BUSINESS: **Volumes spurt at MMTC Ltd counter** — MMTC Ltd notched up volume of 373.46 lakh shares by 14:14 IST on NSE, a 29.12 fold spurt over two-week average daily volume of 12.82 lakh shares — [Source](https://www.business-standard.com/markets/capital-market-news/volumes-spurt-at-mmtc-ltd-counter-126082000669_1.html)
- 2026-08-12 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: GIFT Nifty indicates muted open; Godrej Consumer shares in focus** — Sensex Today | Stock Market LIVE Updates: The Nifty 50 index finds itself at a crucial juncture ahead of the mid-week trading session with 24,500 still being the decisive level to watch on either side. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-it-godrej-consumer-thyrocare-dr-agarwal-tenneco-blocks-hal-pi-ind-share-price-liveblog-19967084.htm)
- 2026-08-03 — MONEYCONTROL: **ACME Solar's early battery lead offers an earnings boost** — opinion, ACME Solar, MCPro — [Source](https://www.moneycontrol.com/news/opinion/acme-solar-s-early-battery-lead-offers-an-earnings-boost-13991422.html)
- 2026-07-31 — Economic Times: **Can Juniper Green Energy IPO deliver long-term growth for high risk investors?** — Juniper Green Energy plans a ₹1,800 crore IPO to reduce its debt burden. The company is aggressively expanding its renewable energy capacity to meet demand. Most of its power generation is secured through long-term purchase agreements. However, high leverage and execution risks are key concerns for investors. The issue is suitable for long-term investors with a higher risk appetite. — [Source](https://economictimes.indiatimes.com/markets/ipos/fpos/can-juniper-green-energy-ipo-deliver-long-term-growth-for-high-risk-investors/articleshow/132752956.cms)
- 2026-07-30 — The Hindu: **ACME Solar shares slip 1.6% as market digests record Q1 numbers** — The decline came a day after the company filed its Q1 FY27 investor presentation with exchanges — [Source](https://www.thehindubusinessline.com/markets/stock-markets/acme-solar-shares-slip-16-as-market-digests-record-q1-numbers/article71285463.ece)

## Business profile

**Strategic vision:** Develops, builds, owns, and operates clean energy projects.

### Business segments
- **Renewable Energy Generation:** Develops, builds, owns, and operates large-scale clean energy projects including solar, wind, hybrid, and Firm, Dispatchable, Renewable Energy (FDRE) solutions.
- **Energy Storage Systems:** Incorporates Standalone Battery Energy Storage Systems (BESS) into its renewable energy projects.
- **Manufacturing and Advanced Energy Solutions:** Establishes facilities for solar PV module manufacturing and is involved in Green Hydrogen and Green Ammonia initiatives.

### Competitive strengths
- Independent power producer specializing in renewable energy solutions.
- Portfolio includes solar, wind, hybrid, and FDRE solutions.
- Involves manufacturing and advanced energy solutions like Green Hydrogen.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/acmesolar
Markdown representation: https://faxioms.com/stocks/acmesolar?render=md