Aerpace Industries shares hit 5% upper circuit after its aerVolt project secured a ₹97.50 crore order for 50 MWp of 595 Wp TOPCon smart solar panels. This deal underscores aerVolt’s advanced solar technology and growing industry trust.
Key Details:
- Revenue Impact: Adds ₹97.50 crore to FY 2025-26 revenue.
- Operational Boost: Enhances cash flow and production scaling.
- Manufacturing: The 400 MWp facility to be ready by February 2025.
- Delivery Schedule: Shipments begin April 2025.
Aerpace Industries shares opened at Rs 44.57 today, matching the day’s high, with a low of Rs 44.36. The stock’s performance highlights significant recovery potential, given its 52-week high of Rs 60.00 and a low of Rs 4.91.
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