ACME Solar is a leading player in India's renewable energy sector, specializing in the development, construction, and operation of utility-scale solar power projects. The company has established a significant presence in both domestic and international markets. In this article, we analyze the financial and operational performance of ACME Solar and present its share price targets from 2025 to 2030.
Market Summary and Performance for ACME Solar Share Price
As of January 22, 2025, the stock performance of ACME Solar is as follows:
- Opening Price: ₹221.45
- High Price: ₹228.37
- Low Price: ₹221.40
- Closing Price: ₹221.45
- Market Capitalization: ₹13,399 crore
- P/E Ratio: Not publicly disclosed
- Dividend Yield: Not publicly disclosed
- 52-Week High: ₹228.37
- 52-Week Low: ₹221.40
The stock is currently trading at ₹221.45, reflecting a 2.98% decrease from the previous closing price of ₹228.37.
Shareholding Pattern for ACME Solar
As of December 31, 2024, the shareholding pattern is as follows:
- Promoters: 86.30%
- Foreign Institutions (FII): 1.066%
- Retail and Others: 12.60%
Notably, promoter holding has decreased by 2.888% in the last six months, while FII holdings have increased by 1.066%.
ACME Solar Share Price Targets (2025–2030)
Year | Share Price Target (₹) |
---|---|
2025 | ₹250.00 |
2026 | ₹275.00 |
2027 | ₹300.00 |
2028 | ₹325.00 |
2029 | ₹350.00 |
2030 | ₹375.00 |
Growth Drivers for ACME Solar Share Price
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Strong Financial Performance: ACME Solar reported a gross revenue of ₹635 crore and an EBITDA of ₹558 crore for the first half of FY25, indicating robust financial health.
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Government Initiatives: The Indian government's push for clean energy and solar power projects through various schemes has significantly benefited ACME Solar's business.
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Technological Advancements: ACME Solar continues to invest in advanced solar technologies, improving efficiency and cost-effectiveness, which enhances profitability.
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Expanding Market Reach: The company is not only growing in the domestic market but also scaling its international presence in various emerging markets.
Challenges and Risks for ACME Solar Share Price
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Regulatory Risks: Changes in government policies or regulations related to renewable energy could impact the company's future growth prospects.
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Market Volatility: As with many energy-related stocks, ACME Solar's price can experience significant fluctuations due to market conditions and global energy prices.
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Competition: The renewable energy sector is becoming increasingly competitive, and new entrants could put pressure on ACME Solar's market share.
Yearly Analysis of Share Price Targets
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2025: ₹250.00
ACME Solar is expected to benefit from the continued growth of India's solar energy sector and increased government support. -
2026: ₹275.00
With the company’s operational efficiencies and entry into new international markets, the share price may rise to ₹275.00. -
2027: ₹300.00
Innovations in technology and an increase in contracted projects could boost the share price to ₹300.00. -
2028: ₹325.00
ACME Solar’s expanded project pipeline and continued government backing are projected to drive the stock to ₹325.00. -
2029: ₹350.00
A potential increase in global renewable energy demand and the company’s stable financials could push the share price to ₹350.00. -
2030: ₹375.00
By 2030, ACME Solar is expected to solidify its position as a global leader in solar energy, with a share price target of ₹375.00.
Investment Prospects for ACME Solar
ACME Solar presents a strong investment opportunity in the renewable energy sector. The company’s focus on technological innovation, expanding market presence, and favorable government policies make it an attractive long-term investment. However, investors should monitor market volatility and regulatory risks.
FAQs About ACME Solar Share Price
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Is ACME Solar a good long-term investment?
Yes, ACME Solar’s solid financials and growth potential in the renewable energy space make it a good choice for long-term investors. -
What is the 2025 share price target for ACME Solar?
The target is ₹250.00, driven by solid growth fundamentals and market expansion. -
What are the key risks of investing in ACME Solar?
Key risks include regulatory changes, competition, and market volatility. -
How does market volatility affect ACME Solar’s stock?
Volatility in the energy market, especially with global energy prices, can impact the stock price of ACME Solar. -
Why is ACME Solar’s share price increasing?
The rise is primarily due to the company's strong financial performance, government backing, and technological advancements.
Conclusion
ACME Solar is a key player in India’s solar energy market, backed by strong financials, technological innovation, and growing international presence.