Synergy Green Industries stock surges 11% after getting order worth Rs 163.74 crore

Synergy Green Industries shares jumped 11% after the company got an order worth Rs 163.74 crore from Vestas Wind Systems.

In the exchange filing, the company shared, “These orders are for both 2 MW & 4 MW parts, split equally between domestic and export requirements.

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Vestas Wind System is one of the largest Wind OEM in the world and contributed over 1/3rd of our order book for almost a decade now.”

Synergy Green manufactures large-size important castings for wind turbine parts at state-of-the-art facilities in Kolhapur, Maharashtra and has established itself as a reliable supplier to the major global wind OEMs.

As of 2:31 pm, Synergy Green shares were trading 11.05% higher at Rs 447.75 on the NSE.