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EXPLAINED: Premier energies - The Real Truth

Stocks in news: Canara Bank, Vodafone Idea, Premier Energies and ACME Solar

Indian equity markets saw a slight recovery on Thursday after recent declines. Canara Bank plans to raise substantial funds through bond issuances. Vodafone Idea is set to receive significant debt financing from lenders. Premier Energies and RCT India will form a joint venture for battery manufacturing. Several other companies reported…

The Economic Times

Premier Energies Q1 Result: Profit jumps 53% to Rs 472 crore

Premier Energies reported remarkable growth, with profits soaring more than 53% in the latest quarter. The uptick in revenue can be attributed to robust demand across vital business sectors. The company has made significant strides in enhancing manufacturing, particularly in solar cells and modules. Moreover, plans are underway for new…

The Economic Times

Premier Energies commissions 5.6 GW solar module plant in Telangana

Premier Energies commissioned a significant 5.6 GW solar module facility in Telangana. The company also began construction for a 6 GWh battery storage system. This expansion increases Premier Energies' module manufacturing capacity to 11.1 GW. These new projects aim to strengthen India's clean-energy ecosystem and supply chain. The company is…

The Economic Times

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Stocks in news: Adani Enterprises, Cochin Shipyard, IDFC First Bank, Premier Energies, Glenmark Pharma

Markets traded subdued on the weekly expiry day, with indices ending marginally lower. Cochin Shipyard's offer for sale saw strong investor demand on its first day. Adani Enterprises' US legal case faces a likely dismissal by federal prosecutors. IDFC First Bank launched provident fund payment services through its EPFO integration.…

The Economic Times

Premier Energies bags Rs 3,011 crore solar orders in June Quarter

Premier Energies secured orders valued at Rs 3,011 crore for solar cells and modules. These contracts are scheduled for delivery across fiscal years 2027 and 2028. The company will supply 1,846 MW of solar cells and modules to various clients. Premier Energies currently possesses significant manufacturing capacities for solar modules…

The Economic Times

Premier Energies plans to invest Rs 6,000 cr over 3 years in ingot, wafer biz

Premier Energies is set to invest Rs 6,000 crore over three years to establish ingot and wafer manufacturing capabilities, aiming for full integration in India's solar sector. This move aligns with government policy mandating domestic production of these components from 2028. The company's broader Rs 12,500 crore capex plan also…

The Economic Times

Nomura Asset, Capital Group, others buy 5.3% stake in Premier Energies for Rs 2,291 cr

Global financial institutions and Indian mutual funds have bought a 5.3 percent stake in Premier Energies. The deal involved promoters selling shares worth over Rs 2,291 crore. This investment comes as Premier Energies secured significant orders for solar cells and modules. The company is expanding its manufacturing capacities for cells…

The Economic Times

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Premier Energies shares gain 4% after Nomura, Quant, others purchase stake in Rs 2,289 crore bulk deal

Premier Energies shares climbed 4% following a large bulk deal. The promoter family divested shares worth approximately Rs 2,289 crore. Several institutional investors, including Smallcap World Fund and Quant Mutual Fund, acquired substantial stakes. This activity highlights strong investor interest in the renewable energy sector and domestic solar manufacturing.

The Economic Times

Stocks in news: Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGC

Indian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move higher. Premier Energies saw a large promoter stake sale. Suzlon Energy reported its Q4 results. ONGC is expanding its partnership with BP. IRFC entered metro rail financing. Paytm is investing in its…

The Economic Times

Premier Energies bulk deal: Promoters sell stake worth Rs 2,289 crore; Quant, Nomura among top buyers

Premier Energies' promoters divested shares worth nearly Rs 2,289 crore to institutional investors, including Smallcap World Fund and Quant Mutual Fund. This move coincides with heightened interest in India's solar manufacturing sector, driven by policy support and robust earnings. The company is aggressively expanding its module and cell capacities, with…

The Economic Times

Stocks in news: Adani Enterprises, Tata Motors PV, Tata Steel, Jio Financial, ITC Hotels

Markets extended their rebound for a second consecutive session on Thursday, buoyed by supportive global cues and selective buying in heavyweight stocks. Banking majors played a crucial role in the relief rally, while IT stocks remained under pressure. Several companies, including Adani Enterprises, Tata Motors PV, and JSW Steel, were…

The Economic Times

Certification for solar firm

HYDERABAD

The Hindu

Azure Power to invest ₹ 100 crore in Premier Energies

₹ 4,000 crore module supply agreement signed

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