ACME Solar shares rise 5% after Q2 profit jumps 133.5%
In short
ACME Solar shares rose 5% after the company reported stronger Q2 FY27 results. Profit jumped 133.5% to ₹269 crore and revenue rose 67.5% to ₹1,007 crore. A subsidiary also signed a 25-year power purchase agreement with NTPC for a 400 MW renewable energy project.
The gains matter because the results and NTPC deal could support the stock and future project revenue. The reporting does not say the full contract value or when the project will start.
What the reporting says
ACME Solar shares rose 5% after its Q2 FY27 profit surged 133.5% to ₹269 crore and revenue climbed 67.5% to ₹1,007 crore. The rally was also supported by a subsidiary signing a 25-year power purchase agreement with NTPC for a 400 MW renewable energy project. The reporting does not say when the agreement takes effect or the full terms of the project.
Why it matters
ACME Solar shares rose after the company reported Q2 FY27 profit of ₹269 crore, up 133.5%, and revenue of ₹1,007 crore, up 67.5%, according to the publisher-supplied summary. The move was also tied to a subsidiary’s 25-year power purchase agreement with NTPC for a 400 MW renewable energy project. The reporting does not give the contract value, start date, or other deal terms.