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ACME Solar continues rally, jumps 9.5% after switching on 143 MW battery energy storage system in Raj

News by Aliceblue News Desk

13 Mar 2026

ACME Solar continues rally, jumps 9.5% after switching on 143 MW battery energy storage system in Raj

Introduction

Leading renewable energy company commissioned 142.67 MW / 481.49 MWh Battery Energy Storage System in Rajasthan to enhance grid reliability, optimise power utilisation, and support peak demand management.

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Share price movement of ACME Solar

On March 13, 2026, ACME Solar Holdings Ltd opened at ₹241.95, up 0.77% from its previous close of ₹240.15. The stock reached a high of ₹262.45 (9.31%) and a low of ₹239.10 (-0.43%). By 3:47 PM, it traded at ₹255.60, a 6.43% increase, with a market cap of ₹15,488.64 crore.

ACME Solar Commissions BESS Project

ACME Solar Holdings Ltd commissioned 142.67 MW / 481.49 MWh Battery Energy Storage System in Rajasthan under phase one of its planned 585 MW / 2011.24 MWh battery storage capacity.

The battery storage system is connected to the existing Inter-State Transmission System. It will initially operate on a merchant basis to generate revenue through peak and non-peak electricity price differences.

The system stores electricity during non-peak demand periods and supplies power during peak demand hours. It is designed to improve grid reliability and optimise power utilisation.

Stock performance of ACME Solar for period of 1 week, 6 months, and 1 year

ACME Solar Holdings Ltd delivered a 1-week return of 5.11%, a 6-month return of -24.7%, and a 1-year return of 19.4%.

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Shareholding pattern of ACME Solar

ParticularsDec 2025Sep 2025Jun 2025
Promoter83%83.40%83.40%
FII4.00%5.60%5.80%
DII6.90%6%6.60%
Public6%4.60%4.20%

About ACME Solar

ACME Solar Holdings Ltd (NSE: ACMESOLAR) is a renewable energy company incorporated in 2015, developing solar, wind, hybrid, and dispatchable renewable energy projects across India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is ACME Solar Holdings Ltd share price rising today?

A: ACME Solar commissions 142.67 MW / 481.49 MWh Battery Energy Storage System in Rajasthan to enhance grid reliability and optimise power utilisation.

Q: What is ACME Solar Holdings Ltd’s main business focus?

A: ACME Solar Holdings Ltd develops renewable energy projects, including solar, wind, hybrid, and dispatchable renewable energy (FDRE) projects across India.

Q: What are the 52-week high and low of ACME Solar Holdings Ltd stock?

A: ACME Solar Holdings Ltd stock has a 52-week high of ₹324.25 and a 52-week low of ₹172.90.

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