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The latest update is out from ACME Solar Holdings Ltd. ( (IN:ACMESOLAR) ).
ACME Solar Holdings Limited has announced the acquisition of AK Renewable Infra Private Limited, a company involved in developing renewable energy parks in India. This acquisition, valued at INR 79.25 Crores, will make AK Renewable Infra a wholly-owned subsidiary of ACME Solar, enhancing its project pipeline and accelerating project execution, which is expected to boost revenue and profitability.
More about ACME Solar Holdings Ltd.
ACME Solar Holdings Limited operates in the renewable energy industry, focusing on the development and management of solar power projects. The company is headquartered in Gurugram, India, and is committed to expanding its presence in the renewable energy sector.
Average Trading Volume: 139,062
Technical Sentiment Signal: Strong Buy
Current Market Cap: 178.3B INR
For a thorough assessment of ACMESOLAR stock, go to TipRanks’ Stock Analysis page.