The current market cap of Premier Energy is 51732 crores, and its current price is 1147 rupees.
On 14th of January, 2025, Premier Energy had notified BSE of receiving orders worth 1460 crore from 2 big IPP (Independent Power Producers).
In accordance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations of 2015, we hereby inform you that Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, Premier Energies Photovoltaic Private Limited, the subsidiaries of Premier Energies Limited, have received and accepted multiple orders amounting to INR 1460 Crore from 2 large Independent Power Producers (IPP) and others. These orders include INR 1041 Crores for Solar Modules and INR 419 Crores for Solar Cells.
The supply is set to begin in May 2025.
Let me tell you that currently, Premier Energy is one of the major players in the solar energy industry in the country.
Premier Energy's 52 week high is 1388 Rupees.
And if we talk about valuation, Premier Energy is trading at a much higher valuation than its peers, which is not good from an investment perspective.
Be sure to consult with your financial advisor as this is not financial advice, these are personal views.