Shares of ACME Solar Holdings traded nearly 3% higher at around ₹280 on Tuesday, November 4, after the company posted its Q2 FY26 results, reporting a marginal rise in revenue but a sequential decline in profitability.
ACME Solar reported consolidated total income of ₹601.36 crore for the quarter ended September 30, 2025, up 2.98% from ₹583.99 crore in the June quarter. However, net profit dipped 12.04% QoQ to ₹115.07 crore, compared to ₹130.83 crore in Q1 FY26. Earnings per share stood at ₹1.88 versus ₹2.14 in the previous quarter.
The stock is trading near ₹280, up almost 3% from the previous close of ₹272.65, after opening firm and maintaining positive momentum in early deals.
ACME Solar has rallied significantly over the past year, supported by strong renewable energy expansion and steady earnings visibility.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
