☀️ ACME Solar Scales New High After ₹2,800 Crore QIP Success

$ACMESOLAR shares gained momentum after the renewable energy company raised ₹2,800 crore through a Qualified Institutional Placement (QIP), its first equity fundraise since listing in 2024. The stock rallied up to 4%, hitting a fresh all-time high of ₹360, and closed Friday's session 2.39% higher at ₹354.10. The QIP witnessed participation from several marquee investors, including SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, BlackRock, Goldman Sachs, Abu Dhabi Investment Authority, and Amundi. The company said the proceeds will be used to reduce debt and strengthen its balance sheet. Reflecting strong investor confidence, the stock has delivered an impressive 15% gain over the past week. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.