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ACMESOLAR ACME Solar Holdings News Story

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UtilitiesSpeculativeMid CapMomentum Trap

India's Acme Solar Holdings jumps 10% on Q3 profit surge

** Shares of Acme Solar Holdings  ACMO.NS  jump by an
exchange-allowed maximum 10% to touch 191.23 rupees
    ** ACMO shares mark best intraday pct gain since their debut
in Nov
    ** The renewable energy developer on Wednesday reported Q3
profit that more than doubled to 1.12 bln rupees ($12.93
million) on higher capacity additions 
    ** ACMO shares down ~ 24% since Nov listing
    
   ($1 = 86.5900 Indian rupees)

 (Reporting by Sethuraman NR in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))

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