India's Synergy Green Industries surges to record high after order win

Synergy Green Industries

09/07/2025 05:24

** Shares of Synergy Green Industries Ltd SYNR.NS rise as much as 11% to a record high of 577.7 rupees
** Precision castings maker gets development order for 3.3 MW turbine parts from Adani Wind
** Order-book with Adani Wind projected to double from 200 mln rupees ($2.33 mln) in FY 2025 to 400 mln rupees in FY 2026, based on forecasted volumes - Synergy Green Industries
** SYNR last up 9.5%, on track to snap 2 days of losses
** More than 278,000 shares traded as of 9:37 a.m. IST, 8.7x their 30-day moving avg; busiest day yet since December 10, 2024

($1 = 85.8600 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))