NSE: ACMESOLAR · 29 October 2026
- ACME Solar Holdings Ltd. (ACMESOLAR) shares are trading higher by 1.13% at ₹415.80, moving within a intraday range of ₹411.50 and ₹431.90 after opening at ₹417.00.
- ACME Marigold Urja Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, executed a Power Purchase Agreement with NTPC Limited for a 400 MW Firm and dispatchable Renewable Energy power project under NTPC's FDRE Tranche 01. The contracted capacity features a tariff of ₹4.37 per unit, with the Scheduled Commencement of Supply Date set for June 30, 2028, and a project tenure of 25 years.
- Trading volume was 2.69 times the 20-day average daily volume.
Why is ACME Solar Holdings share price rising on 29 October 2026?
ACME Solar Holdings Ltd. (ACMESOLAR) shares are trading higher by 1.13% at ₹415.80, moving within a intraday range of ₹411.50 and ₹431.90 after opening at ₹417.00.
The broader market also experienced positive momentum, with the Nifty advancing 1.05%. ACME Solar's modest gain reflects participation alongside the wider market trend while building on a 5-day return of 6.94%, despite a 20-day return showing a decline of 5.06%.
Investor sentiment was recently reinforced by the company's disclosure that its wholly owned subsidiary, ACME Marigold Urja Private Limited, executed a Power Purchase Agreement with NTPC Limited for a 400 MW Firm and dispatchable Renewable Energy power project under NTPC's FDRE Tranche 01, contracted at a tariff of ₹4.37 per unit.
25.31 lakh shares traded by 29 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 9.41 lakh shares (2.69 times). The five-day average daily volume was 12.70 lakh shares. Separately, the NSE report for 28 October 2026 showed 3.03 lakh shares delivered, representing 44.92% of that day’s traded volume. The same report recorded 26,513 trades.
The stock's advance and higher-than-average volume coincide with the recent announcement regarding the execution of a 400 MW PPA with NTPC by its subsidiary, alongside a supportive broader market backdrop.
Latest Company Developments
ACME Marigold Urja Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, executed a Power Purchase Agreement with NTPC Limited for a 400 MW Firm and dispatchable Renewable Energy power project under NTPC's FDRE Tranche 01. The contracted capacity features a tariff of ₹4.37 per unit, with the Scheduled Commencement of Supply Date set for June 30, 2028, and a project tenure of 25 years.
Securing large-scale power purchase agreements enhances long-term revenue visibility and aligns with the company's capacity expansion strategy.
The board of directors considered and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Alongside the financial results, management highlighted ongoing commissioning progress across its Battery Energy Storage System projects and solar installations.
Regular financial reporting provides transparency on revenue growth, operational margins, and the execution status of the company's renewable energy pipeline.
a press release dated October 28, 2026, titled "Press Release on Q2 FY27 results".
Acme Solar Holdings Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
a press release dated October 28, 2026, titled "Press Release on Q2 FY27 results".
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 14.96% on 30 September 2026. This compares with 16.20% on 30 June 2026, a change of -1.24 percentage points.
The filing reported 34 MF/UTI holders.
Research & Brokerage Views
Maintained a Buy rating on the solar energy stock alongside a target price revision.
Recommended a Buy rating with a target price of ₹427 based on expected execution capacity.
What to Watch Next
- Progress on the execution timelines for the 400 MW NTPC FDRE power project
- Further updates on Battery Energy Storage System (BESS) commissioning targets
- Utilization progress of funds raised via the Qualified Institutions Placement
- Upcoming operational capacity additions and financial performance in subsequent quarters
Other Dated Coverage
- ACME Solar Holdings Share Price Today: Rises 10.57% in 3 Trading Sessions | 28 October 2026 — 28 October 2026
- ACME Solar Holdings Share Price Today: Rises 12.95% in 2 Trading Sessions | 27 October 2026 — 27 October 2026
More ACME Solar Holdings news and dated analysis →
Frequently Asked Questions
What is the latest ACME Solar Holdings company news?
ACME Marigold Urja Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, executed a Power Purchase Agreement with NTPC Limited for a 400 MW Firm and dispatchable Renewable Energy power project under NTPC's FDRE Tranche 01. The contracted capacity features a tariff of ₹4.37 per unit, with the Scheduled Commencement of Supply Date set for June 30, 2028, and a project tenure of 25 years.
How strong was ACME Solar Holdings’s trading volume?
25.31 lakh shares traded, 2.69 times the 20-day average daily volume. The price and volume data are dated 29 October 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.