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An update from ACME Solar Holdings Ltd. ( (IN:ACMESOLAR) ) is now available.
ACME Solar Holdings Ltd has successfully secured INR 4,725 crore in financing from a mix of major Indian financial institutions to support renewable energy project construction and optimize its capital structure, aligning with its long-term funding strategy. This funding round, coupled with notable progress in debt refinancing and banking collaborations, reflects ACME’s strategic approach to enhancing operational efficiencies, reducing debt costs, and bolstering its industry standing and stakeholder value.
More about ACME Solar Holdings Ltd.
ACME Solar Holdings Limited is a prominent integrated renewable energy company offering solutions across solar, wind, battery storage, hybrid solutions, and Fixed Duration Renewable Energy (FDRE). The company’s portfolio totals 7,520 MW of renewable energy projects, showcasing its leadership in sustainable energy innovation.
Average Trading Volume: 93,101
Technical Sentiment Signal: Strong Sell
Current Market Cap: 139.3B INR
For detailed information about ACMESOLAR stock, go to TipRanks’ Stock Analysis page.