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ACMESOLAR ACME Solar Holdings News Story

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UtilitiesSpeculativeMid CapMomentum Trap

India's Acme Solar Holdings rises on commissioning of battery energy storage system projects

** Shares of Acme Solar Holdings ACMO.NS rise 6.7% to 256.10 rupees, set to gain for fourth straight session

** Subsidiary ACME Sun Power commissions second phase of 33.335 MW/160.51 MWh capacity of battery energy storage system project in Rajasthan

** Also ACMO, through its units, commissioned 142.67 MW/481.49 MWh capacity of battery energy storage system in Rajasthan

** Trading vols nearly 15x the 30-day average at 9.6 mln shares so far

** YTD, ACMO up ~8%

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

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