Acme Solar Holdings Ltd. (ACMESOLAR) Share Price Declines Amid Market Volatility

Acme Solar Holdings Ltd. Share Price experienced a notable decline today, falling by 3.11% to close at Rs 355. This decline comes after the previous close of Rs 366.4, marking a significant movement in the market. With a market capitalisation of Rs 25,069.3 crore, Acme Solar Holdings Ltd. is classified as a Large Cap company. This event highlights the volatility in the market and raises questions about the factors influencing this movement.

The trading session opened with Acme Solar Holdings Ltd. Share Price at Rs 365.95, reaching a high of Rs 366.65 and a low of Rs 347.55 during the day. The total volume of shares traded was 45,06,274, with a turnover of Rs 5.75 crore. This level of activity indicates a significant interest in the stock, despite the downward movement. The decline in share price may prompt investors to reassess their positions and consider the broader market conditions impacting the Power sector.

Acme Solar Holdings Ltd. (ACMESOLAR) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 355
Previous Close	Rs 366.4
Today's Change	Rs -11.4 (-3.11%)
Day Open	Rs 365.95
Day High	Rs 366.65
Day Low	Rs 347.55
Current Volume (BSE)	1,61,879
BSE Traded Volume	1,61,879
NSE Traded Volume	43,44,395
Combined NSE + BSE Volume	45,06,274
Turnover	Rs 5.75 crore
Market Capitalisation	Rs 25,069.3 crore
Market Cap Category	Large Cap

Acme Solar Holdings Ltd. (ACMESOLAR) traded at Rs 355. versus the previous close of Rs 366.4, a fall of 3.11%. The stock opened at Rs 365.95, reached Rs 366.65, touched Rs 347.55. Reported volume was 1,61,879.

Acme Solar Holdings Ltd. (ACMESOLAR) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 25,069.3 crore

The sector snapshot reveals that the median P/E for the Power sector is 17.05, with an average of 35.6. The P/B median is 1.02, with an average of 0.12. These benchmarks provide a context for evaluating Acme Solar Holdings Ltd.'s valuation, although

Despite the lack of detailed financial metrics, the company's market capitalisation positions it as a significant player within the Power sector. Investors may consider the broader sector trends and the company's strategic initiatives to assess its potential for growth and profitability.

Sector and Industry Context

Metric	Value
Sector	Power
Benchmark Scope	same sector
Benchmark Median P/E	17.05x
Benchmark Average P/E	35.6x
Benchmark P/E Range	6.26x to 95x
Benchmark Median P/B	1.02x
Benchmark Median ROE	0.31%
Benchmark Median ROCE	3.76%
Company Market Capitalisation	Rs 25,069.3 crore
Benchmark Median Market Cap	Rs 101.81 crore

Acme Solar Holdings Ltd. (ACMESOLAR) is classified under sector: Power.

Track today's top decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

The Power sector, in which Acme Solar Holdings Ltd. operates, comprises 16 companies with varying market capitalisations and financial metrics. The sector's benchmark P/E median is 17.05, with a range from 6.26 to 95. The P/B median is 1.02, with values ranging from -54.24 to 21.53. These figures highlight the diversity within the sector and the potential for varied performance among companies.

Acme Solar Holdings Ltd.'s market capitalisation of Rs 25,069.3 crore places it among the larger entities in the sector. The sector's median market capitalisation is Rs 101.81 crore, with an average of Rs 488.5 crore. This context underscores Acme Solar Holdings Ltd.'s significant presence in the Power industry.

The sector's ROE and ROCE medians are 0.31% and 3.76%, respectively, with averages of -18.02% and -15.02%. These metrics indicate the challenges faced by companies in the Power sector, with profitability and capital efficiency being key areas of focus.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Gujarat Industries Power Company Ltd.	GIPCL	2,505.19	6.26	0.66	6.42	9.18
BF Utilities Ltd.	BFUTILITIE	2,143.85	13.66	5.36	0	13.13
Orient Green Power Company Ltd.	GREENPOWER	1,183.04	18.51	0.99	9.85	9.65
India Power Corporation Ltd.	DPSCLTD	713.79	55.63	2.29	1.95	3.38
GVK Power & Infrastructure Ltd.	GVKPIL	380.59	0	-0.19	0	1.03

Acme Solar Holdings Ltd. (ACMESOLAR) has a market capitalisation of Rs 25,069.3 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

Acme Solar Holdings Ltd. operates alongside several peers in the Power sector, including Gujarat Industries Power Company Ltd., BF Utilities Ltd., and Orient Green Power Company Ltd. These companies vary in market capitalisation, P/E, P/B, ROE, and ROCE metrics, providing a diverse landscape for comparison.

Gujarat Industries Power Company Ltd. has a market capitalisation of Rs 2505.19 crore, with a P/E of 6.26 and a P/B of 0.66. BF Utilities Ltd. has a market capitalisation of Rs 2143.85 crore, with a P/E of 13.66 and a P/B of 5.36. Orient Green Power Company Ltd. has a market capitalisation of Rs 1183.04 crore, with a P/E of 18.51 and a P/B of 0.99.

These comparisons highlight the varying financial metrics and market positions of companies within the Power sector, offering investors insights into potential opportunities and challenges.

Why Investors Are Watching Acme Solar Holdings Ltd.

Acme Solar Holdings Ltd. has captured investor attention due to its significant market presence and recent price movement. The company's position within the Power sector and its market capitalisation are key factors for consideration.

• Price Action: Share price fell 3.11% today, closing at Rs 355.
• Market Cap: Large Cap classification with Rs 25,069.3 crore.
• Sector Context: Operates within the Power sector, facing industry challenges.
• Peer Comparison: Competes with notable companies like Gujarat Industries Power Company Ltd.

Investors should monitor Acme Solar Holdings Ltd.'s performance in the context of broader market trends and sector dynamics. The company's strategic initiatives and financial health will be crucial in determining its future trajectory.

About Acme Solar Holdings Ltd.

Acme Solar Holdings Ltd. is a prominent player in the Power sector, focusing on the generation and distribution of solar energy. The company is involved in the development, construction, and operation of solar power projects across India. Its business model is centered on leveraging renewable energy sources to meet the growing demand for sustainable power solutions.

Acme Solar Holdings Ltd. operates multiple solar power plants, contributing to India's renewable energy capacity. The company's strategic focus on solar energy aligns with global trends towards cleaner and more sustainable energy sources. As a key player in the Power sector, Acme Solar Holdings Ltd. is well-positioned to capitalize on the increasing emphasis on renewable energy and the transition towards a low-carbon economy.

Track Acme Solar Holdings Ltd. Share Price on Univest

Use Acme Solar Holdings Ltd. (ACMESOLAR) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners lists and related market analysis.

Investors can track Acme Solar Holdings Ltd. Share Price on Univest to stay updated on live market data, technical indicators, and fundamental ratios. Univest provides insights into the company's shareholding pattern, 52-week levels, and market trends, offering a comprehensive view of Acme Solar Holdings Ltd.'s market performance.

Frequently Asked Questions

What caused Acme Solar Holdings Ltd. Share Price to fall today?

Ans. Acme Solar Holdings Ltd. Share Price fell 3.11% today, closing at Rs 355. The decline exceeded the 3% threshold for Large Cap stocks, highlighting market volatility. The stock moved -3.11% during the session.

What is the market capitalisation of Acme Solar Holdings Ltd.?

Ans. Acme Solar Holdings Ltd. has a market capitalisation of Rs 25,069.3 crore, classifying it as a Large Cap company in the Power sector. The company operates in the Power sector.

How does Acme Solar Holdings Ltd. compare with its peers?

Ans. Acme Solar Holdings Ltd. competes with peers like Gujarat Industries Power Company Ltd., BF Utilities Ltd., and Orient Green Power Company Ltd. in the Power sector. Comparable listed companies include Gujarat Industries Power Company Ltd., BF Utilities Ltd., Orient Green.

What is the sector context for Acme Solar Holdings Ltd.?

Ans. Acme Solar Holdings Ltd. operates in the Power sector, which has a median P/E of 17.05 and faces challenges in profitability and capital efficiency. The stock belongs to the Power sector.

Why is Acme Solar Holdings Ltd. significant in the Power sector?

Ans. Acme Solar Holdings Ltd. is significant due to its large market capitalisation and focus on solar energy, aligning with global renewable energy trends. The stock belongs to the Power sector.

Where can I track Acme Solar Holdings Ltd. Share Price?

Ans. Track Acme Solar Holdings Ltd. Share Price on Univest for live data, technical indicators, and market insights, providing a comprehensive view of its performance. The stock moved -3.11% during the session.