Shares of Premier Energies, a leading name in solar cell and module manufacturing, lit up the markets on Wednesday, 15 January 2025. The company’s stock jumped 4.69%, hitting ₹1,168.4 per share on the National Stock Exchange (NSE), after news broke that its subsidiaries landed major orders worth ₹1,460 crore.
Big wins that shine bright
On Tuesday evening, Premier Energies shared the exciting update: three of its subsidiaries—Premier Energies International Pvt Ltd, Premier Energies Global Environment Pvt Ltd, and Premier Energies Photovoltaic Pvt Ltd—secured massive orders from two large independent power producers (IPPs) and other clients. These deals include ₹1,041 crore for solar modules and ₹419 crore for solar cells, with deliveries kicking off in May 2025.
The company also clarified that these orders aren’t related party transactions, reassuring investors that the contracts are above board. It’s another reason to feel confident about Premier Energies’ trajectory and a great moment to buy shares online if you’re thinking about investing in renewable energy.
A stock that’s shining
Premier Energies made a strong debut on the stock market in September 2024, opening at ₹990 per share—a whopping 120% premium over its issue price of ₹450. Since then, it’s been on an impressive upward journey, currently sitting 159.64% higher than the issue price. The stock even touched a 52-week high of ₹1,388 on 17 December 2024. Clearly, investors see the company’s potential.
Leading the green charge
Premier Energies isn’t just about numbers—it’s about impact. The company’s high-quality solar photovoltaic (PV) cells and modules are powering solutions for big names in the sector. Securing these new orders only strengthens its reputation as a renewable energy trailblazer.
The price of Premier Energies stock rose by 1.77% to ₹1,135 at 11:34 AM on January 15 2025. For those keeping an eye on the renewable energy sector, this could be the perfect opportunity to jump in. Platforms to buy shares online make it easier than ever to invest in companies like Premier Energies, which are shaping a greener, brighter future.
With deliveries starting in May 2025, these contracts aren’t just about today—they’re a sign of sustained growth on the horizon. Premier Energies is set to keep the momentum going, and we can’t wait to see what’s next.
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