India's Premier Energies rises on 27 billion rupee order win

Premier Energies

01/09/2025 05:22

** Shares of Premier Energies PEME.NS rise 2% to 1,015 rupees

** Solar cell and module manufacturer's unit gets order worth 27.03 billion rupees ($308.9 million)

** Order includes supply of solar PV cell and modules

** PEME rated "hold" by 5 analysts on average; median target price is 1,110 rupees – data compiled by LSEG

** Stock down 25.2% YTD

($1 = 87.5060 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))