ACME Solar Shares Jump Nearly 4% After ₹3,892 Crore SBI Funding Boost

Mumbai, September 11, 2025: ACME Solar Holdings Limited (NSE: ACMESOLAR, BSE: 544283) shares gained nearly 4% in early trades on Thursday, after the company announced the signing of long-term financing for ₹3,892 crore with the State Bank of India for its 400 MW Firm and Dispatchable Renewable Energy (FDRE) project in Barmer, Rajasthan.

Headquartered in Haryana, ACME Solar was formed in June 2015 and quickly became one of India’s best companies in developing and producing renewable energy. ACME Solar is mainly engaged in the development, construction, and operation of large-scale solar and wind projects. It has carved out a significant niche in India’s transition to clean energy. With funding from a newly closed financing round, ACME plans to increase its renewable capacity and deliver reliable green power to the grid. Ultimately, the funding adds to its ability to produce ambitious projects on a sustainable and long-term basis.

Market Performance and Investor Interest

As of 10:40 am, the company’s share price was trading at ₹309.45, representing a ₹7.10 ( 2.35%) gain from the previous close of ₹302.35. The company’s stock opened at ₹310.00, with a high of ₹318.00 and a low of ₹307.25 so far. Demand on the buy/sell front was also impressive, to say the least; buy orders outnumbered sell orders significantly.

The demand for the company’s stock indicated a growing confidence in ACME’s financial position and future potential. Analysts also pointed out that the stock is still well-valued based on consistent performance in the Nifty Smallcap 250 index.

Investor Sentiment Strengthened by SBI Partnership

ACME Solar perceives the SBI funding arrangement as a potential inflection point in the company’s trajectory. Not only is it the bank’s largest funding arrangement with the company, but it is also the first time that SBI is participating in ACME’s FDRE projects. The financing deal is expected to provide stable long-term cash flows through a central-sector PPA at a price of ₹4.64 per unit.

For investors, the acquisition of this funding arrangement represents stability and scalability, as well as a fundamentally stronger outlook for the balance of ACME’s renewable portfolio, making the company one of the more compelling plays in India’s clean energy sector.

REF: https://nsearchives.nseindia.com/corporate/ACME122002_11092025082649_Intimation11092025.pdf

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