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ACMESOLAR ACME Solar Holdings News Story

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UtilitiesSpeculativeMid CapMomentum Trap

India's ACME Solar hits record high on fundraising plan

** Shares of ACME Solar Holdings ACMO.NS rise as much as 6.6% to hit a record high of 309.85 rupees

** Renewable energy company will consider equity fundraising via qualified institution placement of shares or other modes on August 27

** Stock set for biggest one-day gain in nearly a month

** More than 6.3 million shares traded, 3 times their 30-day average

** ACMO up 30% so far in 2025

 (Reporting by Nishit Navin in Bengaluru)

 ((nishit.navin@thomsonreuters.com))

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