ACME Solar Holdings Sees Surge in Trading Activity Amid Renewable Energy Sector Gains

Mar 07 2025 01:00 PM IST
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ACME Solar Holdings Ltd, a mid-cap in the Renewable Energy sector, reached its upper circuit limit today, with significant trading activity. The stock recorded a total volume of approximately 12.68 lakh shares and a turnover of Rs 26.59 crore, reflecting increased investor participation and a consistent upward trend over recent days.
ACME Solar Holdings Ltd, a mid-cap player in the Renewable Energy sector, has experienced significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 212.98, reflecting a 5% increase from its previous trading session. The last traded price stood at Rs 209.29, marking a change of Rs 6.45 or 3.18%.

Throughout the day, ACME Solar recorded a total traded volume of approximately 12.68 lakh shares, resulting in a turnover of Rs 26.59 crore. The stock has shown a consistent upward trend, gaining 11.85% over the past four days, although it underperformed its sector by 2.51% today.

In terms of moving averages, ACME Solar is currently above its 5-day and 20-day averages but below the 50-day, 100-day, and 200-day averages. The Renewable Energy sector itself has seen a gain of 6.28%. Notably, the delivery volume has increased by 2.1% compared to the 5-day average, indicating rising investor participation.

Overall, ACME Solar Holdings Ltd's performance today highlights its strong activity in the market, with a notable achievement of reaching its upper circuit limit.
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