Introduction:
Green energy stock has secured over 150 MW of orders for its high-efficiency TOPCon Bi-facial solar PV modules, showcasing technological leadership. With a 100% TÜV testing success rate and strong financial backing, it is set to expand its solar assets to 1 GW by 2026-27.
Share Price movement of Swelect Energy Systems:
On March 12, 2025, Swelect Energy Systems Limited opened at ₹540.00, reaching a high of ₹545.00, hitting 5% upper circuit from its previous close of ₹519.55, with a low of ₹531.05. The stock is currently trading at ₹544.95, with a market cap of ₹826.08 crore.
Swelect Energy Systems hits 5% upper circuit:
Swelect Energy Systems Ltd. has secured over 150 MW of orders for its high-efficiency TOPCon Bi-facial solar PV modules, highlighting its technological leadership. The company’s modules boast a 100% success rate in TÜV testing, ensuring reliability and long-term performance backed by third-party reinsurance.
To support expansion, SWELECT raised ₹290 crore via Non-Convertible Debentures (NCDs) with India Infradebt Limited, unlocking ₹260 crore in cash collaterals. This strategic funding will drive the company’s goal of scaling its solar power assets to 1 GW by 2026-27, reinforcing its position in renewable energy.
Managing Director R. Chellappan emphasized SWELECT’s commitment to quality, innovation, and sustainability. The company’s business expansion aligns with India’s renewable energy goals, positioning SWELECT as a key contributor to the nation’s clean energy transition while setting new industry benchmarks.
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Recent news About Swelect Energy Systems:
Swelect Energy Systems Limited reported a net loss of ₹10.77 crore for the quarter ending December 31, 2024, compared to a net profit of ₹7.93 crore in the same period the previous year. This decline is attributed to a 52.2% decrease in total revenue, which stood at ₹100.32 crore, down from ₹209.72 crore in the preceding quarter.
Ace investor holding of Swelect Energy Systems:
Pratiksha Satishchandra Doshi holds 243,712 shares of Swelect Energy Systems Ltd., representing 1.61% stake, valued at ₹13.3 crore at a share price of ₹544.75. Her holdings remain unchanged from the previous quarter, reflecting continued confidence in the company’s renewable energy expansion and solar power growth strategy.
Hitesh Satishchandra Doshi owns 193,512 shares in Swelect Energy Systems Ltd., holding 1.28% stake valued at ₹10.5 crore. With no change in holdings from the previous quarter, he continues to maintain his investment, emphasizing long-term faith in the company’s growth in the solar energy sector.
Stock performance of Swelect Energy Systems for Period of 1 week, 6 months and 1 year:
Swelect Energy Systems stock showed a 3.85% gain over the past week, indicating short-term positive momentum. However, over six months, it witnessed a sharp decline of 59.5%, reflecting significant losses. The one-year performance remained weak, with the stock dropping 41.9%, highlighting overall bearish trends.
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Shareholding pattern of Swelect Energy Systems:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 56.37 | 56.37 | 56.37 |
| FII | 0.09 | 0.07 | 0.12 |
| DII | 0 | 0 | 0.2 |
| Retail & others | 43.54 | 43.57 | 43.32 |
About Swelect Energy Systems:
Swelect Energy Systems Ltd (NSE:SWELECTES) is a leading renewable energy company specializing in solar power solutions. It manufactures high-efficiency solar modules and develops solar assets, aiming to scale its capacity to 1 GW by 2026-27 while contributing to India’s clean energy transition.
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.
