Zodiac Energy rallies 17% on today's session; here is whyZodiac Energy rallies 17% on today's session; here is why

Introduction

Leading solar energy company receives Letter of Intent from Zambia entity for turnkey project including 6 MWp DC 5 MW AC and 1 MWh BESS system.

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Share price movement of Zodiac Energy

On April 23, 2026, Zodiac Energy Ltd opened at ₹299.95, up 0.84% from its previous close of ₹297.45. The stock reached a high of ₹347.95 (16.98%) and a low of ₹299.95. By 11:06 AM, it traded at ₹338.60, a 13.83% increase, with a market cap of ₹512.09 crore.

Zodiac Energy Secures Zambia Project

Zodiac Energy Limited has received a Letter of Intent from an international entity in Zambia for execution of a turnkey solar power project at Lusaka.

The project includes design supply installation testing and commissioning of a ground mounted solar PV power plant of six MWp DC five MW AC and one MWh BESS.

The order is valued at USD 3.288 million and is expected to be executed within nine months under delivery on place terms including transportation insurance and site delivery.

Stock performance of Zodiac Energy for period of 1 week, 6 months, and 1 year

Zodiac Energy Ltd delivered a 1-week return of 2.15%, a 6-month return of -20.8%, and a 1-year return of -28.6%.

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Shareholding pattern of Zodiac Energy

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	70%	69.90%	69.90%
FII	0.20%	0.30%	0.50%
DII	0.20%	0.30%	0.30%
Public	29.70%	29.40%	29.20%

About Zodiac Energy

Zodiac Energy Ltd (NSE: ZODIAC) provides solar energy solutions including EPC and O&M services for rooftop and ground mounted projects across residential commercial and industrial segments.

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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.

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