Acme Solar Holdings Ltd. (ACMESOLAR) Share Price Rises 3.18% Today

Acme Solar Holdings Ltd. Share Price rises 3.18% today, reaching Rs 382.55 with a market cap of Rs 25,620.66 crore.

Acme Solar Holdings Ltd. Share Price has shown a notable increase today, rising by 3.18% to reach Rs 382.55. This upward movement comes as part of the company’s current market capitalisation of Rs 25,620.66 crore. The share price opened at Rs 375.85, with a previous close of Rs 370.75, marking a significant gain in today’s trading session.

Today’s price rise in Acme Solar Holdings Ltd. The company’s share price has been actively traded, with a total volume of 2,137,819 shares exchanged across the BSE and NSE. This level of activity reflects strong investor interest and participation in the market. While the data confirms the price event, no specific company-related catalyst has been identified to explain this rise. Investors and analysts will be closely monitoring further developments to understand the factors driving this momentum.

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

Metric	Value
Current Price	Rs 382.55
Previous Close	Rs 370.75
Today's Change	+Rs 11.8 (+3.18%)
Day Open	Rs 375.85
Day High	Rs 386.3
Day Low	Rs 370
Current Volume (BSE)	69,152
BSE Traded Volume	69,152
NSE Traded Volume	20,68,667
Combined NSE + BSE Volume	21,37,819
Turnover	Rs 2.65 crore
Market Capitalisation	Rs 25,620.66 crore
Market Cap Category	Large Cap

Acme Solar Holdings Ltd. (ACMESOLAR) traded at Rs 382.55. versus the previous close of Rs 370.75, a rise of 3.18%. The stock opened at Rs 375.85, reached Rs 386.3, touched Rs 370. Reported volume was 69,152.

Acme Solar Holdings Ltd. (ACMESOLAR) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 25,620.66 crore

Acme Solar Holdings Ltd. operates within the Power sector, with a market capitalisation of Rs 25,620.66 crore. The company’s valuation metrics, such as P/E and P/B ratios, provide insights into its financial standing. The sector’s benchmark P/E median is 41.75, while the average is 127.54, indicating a wide range of valuations within the industry. Acme Solar Holdings Ltd.

The sector’s P/B median is 0.98, with an average of 2.73. These figures suggest that Acme Solar Holdings Ltd. may be valued attractively compared to its peers, depending on its specific P/B ratio. The company’s ROE and ROCE metrics, while not specified, are crucial for assessing its profitability and efficiency in using capital. The Power sector’s ROE median is 0.31, and the ROCE median is 4.92, providing a benchmark for comparison.

Investors should consider these fundamental metrics in conjunction with the company’s market position and growth prospects. The Power sector’s dynamics, including regulatory changes and demand for renewable energy, may also impact Acme Solar Holdings Ltd.’s future performance. Understanding these factors is essential for making informed investment decisions.

Sector and Industry Context

Metric	Value
Sector	Power
Benchmark Scope	same sector
Benchmark Median P/E	41.75x
Benchmark Average P/E	127.54x
Benchmark P/E Range	0.89x to 973.42x
Benchmark Median P/B	0.98x
Benchmark Median ROE	0.31%
Benchmark Median ROCE	4.92%
Company Market Capitalisation	Rs 25,620.66 crore
Benchmark Median Market Cap	Rs 136.44 crore

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

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

The Power sector, where Acme Solar Holdings Ltd. operates, comprises 16 companies with varying market capitalisations and financial metrics. The sector’s P/E median is 41.75, with a wide range from 0.89 to 973.42, reflecting diverse valuations. Acme Solar Holdings Ltd.’s market cap of Rs 25,620.66 crore places it among the larger companies in the sector, with the sector’s market cap median at Rs 136.44 crore.

The sector’s P/B median is 0.98, and the average is 2.73, indicating a range of valuations. The ROE median is 0.31, and the ROCE median is 4.92, providing benchmarks for evaluating company performance. Acme Solar Holdings Ltd.’s valuation and performance metrics should be compared against these sector benchmarks to assess its relative position.

The Power sector is influenced by factors such as regulatory changes, technological advancements, and demand for renewable energy. These elements can impact the performance and valuation of companies within the sector, including Acme Solar Holdings Ltd. Investors should consider these industry trends when evaluating the company’s prospects and potential for growth.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Gujarat Industries Power Company Ltd.	GIPCL	2,503.63	6.23	0.65	6.42	9.18
Reliance Infrastructure Ltd.	RELINFRA	2,469.77	0.89	-0.15	0	32.09
BF Utilities Ltd.	BFUTILITIE	2,150.63	973.42	13.04	0	13.13
Orient Green Power Company Ltd.	GREENPOWER	1,187.82	18.87	1.01	9.85	9.65
India Power Corporation Ltd.	DPSCLTD	715.74	57.22	2.35	1.95	3.38

Acme Solar Holdings Ltd. (ACMESOLAR) has a market capitalisation of Rs 25,620.66 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

Acme Solar Holdings Ltd. competes with several peers in the Power sector, including Gujarat Industries Power Company Ltd., Reliance Infrastructure Ltd., and BF Utilities Ltd. These companies vary in market capitalisation, P/E, P/B, ROE, and ROCE metrics, providing a basis for comparison.

Gujarat Industries Power Company Ltd. has a market cap of Rs 2,503.63 crore, with a P/E of 6.23 and a P/B of 0.65. Reliance Infrastructure Ltd. has a market cap of Rs 2,469.77 crore, with a P/E of 0.89 and a P/B of -0.15. BF Utilities Ltd. has a market cap of Rs 2,150.63 crore, with a P/E of 973.42 and a P/B of 13.04.

Acme Solar Holdings Ltd.’s market cap of Rs 25,620.66 crore positions it as a significant player in the sector. Comparing its valuation metrics with these peers can provide insights into its relative strengths and weaknesses. Investors should consider these comparisons when assessing the company’s market position and potential for growth.

Why Investors Are Watching Acme Solar Holdings Ltd.

Investors are closely monitoring Acme Solar Holdings Ltd. due to its recent price rise and market position. The company’s performance today highlights its potential as a top gainer in the Power sector.

• Price Action: Share price rose 3.18% to Rs 382.55.
• Technical Position: Strong market participation with high trading volume.
• Fundamental Context: Large Cap status with significant market cap.
• Sector Positioning: Operates in the dynamic Power sector.

Investors should continue to monitor Acme Solar Holdings Ltd. for further developments and potential catalysts that may impact its share price and market performance. Understanding the company’s fundamentals and sector dynamics will be crucial for making informed investment decisions.

About Acme Solar Holdings Ltd.

Acme Solar Holdings Ltd. is a prominent player in the Power sector, focusing on renewable energy solutions. The company is involved in the generation and distribution of solar power, contributing to the growing demand for clean energy sources. Acme Solar Holdings Ltd. operates across various regions, leveraging its expertise in solar technology to deliver sustainable energy solutions.

The company’s business segments include solar power generation, project development, and energy distribution. Acme Solar Holdings Ltd. aims to expand its footprint in the renewable energy market, aligning with global trends towards sustainability and environmental responsibility. Its strategic initiatives and investments in technology position it as a key player in the transition to renewable energy.

Track Acme Solar Holdings Ltd. Share Price on Univest

Use Acme Solar Holdings Ltd. (ACMESOLAR) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers 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 comprehensive insights into the company’s shareholding pattern, 52-week levels, and market trends. By leveraging Univest’s platform, investors can make informed decisions based on real-time information and analysis.

Frequently Asked Questions

What is the current share price of Acme Solar Holdings Ltd.?

Ans. The current share price of Acme Solar Holdings Ltd. is Rs 382.55, reflecting a 3.18% increase from the previous close of Rs 370.75. The stock moved 3.18% during the session.

How much did Acme Solar Holdings Ltd. share price rise today?

Ans. Acme Solar Holdings Ltd. share price rose by 3.18% today, reaching Rs 382.55 from the previous close of Rs 370.75. The stock moved 3.18% during the session. The intraday range extended from Rs 370 to Rs 386.3.

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

Ans. The market capitalisation of Acme Solar Holdings Ltd. is Rs 25,620.66 crore, positioning it as a Large Cap company in the Power sector. The company operates in the Power sector.

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

Ans. Acme Solar Holdings Ltd. has a significant market cap of Rs 25,620.66 crore, positioning it among larger peers like Gujarat Industries Power Company Ltd. Comparable listed companies include Gujarat Industries Power Company Ltd., Reliance Infrastructure Ltd., BF Utilities Ltd.

What are the key valuation metrics for Acme Solar Holdings Ltd.?

Ans. Key valuation metrics for Acme Solar Holdings Ltd. include its market cap of Rs 25,620.66 crore and its position within the sector's P/E and P/B benchmarks. The relevant peer median P/E is 41.75x.

What is the sector benchmark for P/E ratio?

Ans. The sector benchmark for the P/E ratio in the Power sector has a median of 41.75, with a wide range from 0.89 to 973.42. The relevant peer median P/E is 41.75x.

How can I track Acme Solar Holdings Ltd. share price?

Ans. You can track Acme Solar Holdings Ltd. share price on Univest for live market data, technical indicators, and fundamental analysis. The stock moved 3.18% during the session. The intraday range extended from Rs 370 to Rs 386.3.