Premier Energies shares up 3% as its units bag solar PV module supply orders worth ₹2,703 crore

This comes after three of its subsidiaries, Premier Energies Photovoltaic, Premier Energies Global Environment, and Premier Energies International, bagged orders worth ₹2,703 crore for the supply of solar photovoltaic modules and cells.

The order for the supply of a total of 2,059 MW of solar photovoltaic modules and cells will be executed by FY 2026 and 2027. It was awarded by both old and new “renowned” independent power producers and other customers, the power company said in a regulatory filing on Monday morning.

Premier Energies share price

As of 11:58 am, shares of Premier Energies were trading 1.91% higher at ₹1,013.1 apiece.

The stock gained 0.21% over the week but has lost 2.11% over the month. It fell 6.36% over three months and 25.34% on a year-to-date basis.

While the scrip hit a 52-week low of ₹774.05 per equity share on April 7, 2025, it reached a high of ₹1,388 on December 17, 2024.

Premier Energies has a total market capitalisation of ₹45,773.88 crore, as of September 1, 2025, according to data on the NSE.

Premier Energies begins commercial operation of 1.2 GW solar cell line

In August, the company announced the commercial operation of its 1.2 GW N-type G12R solar cell line and unveiled a high-efficiency, large-format 620 W DCR TopCon solar module.

Commenting on the launch, Chiranjeev Saluja, MD & CEO, Premier Energies, said: “These modules, compliant with India’s Domestic Content Requirement (DCR) regulations, go a long way in supporting the country’s solar power ambitions and Make in India policy.”

Premier Energies’ Q1 result

The Telangana-headquartered company reported a 55.32% year-on-year (YoY) surge in its consolidated net profit to ₹307.79 crore in the June quarter of the 2025-26 financial year (Q1FY26). In the corresponding period of the previous year, its profit was at ₹198.16 crore.

Premier Energies posted a top-line growth of 9.86% YoY to ₹1,820.74 crore during the reporting quarter, as against ₹1,657.37 crore in the first quarter of FY25.