ACME Solar Holdings Ltd

ACMESOLAR

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has broken out from an inverted head & shoulders pattern with strong volumes and is currently retesting the breakout zone, offering a favourable risk–reward entry. Daily RSI at 59 signals improving momentum with scope for further upside. Fundamentally, the company signed a 450 MW peak power PPA with SJVN Limited, taking total PPA capacity to 6,270 MW, and commissioned Phase-2 of its BESS project in Rajasthan. Moreover, quarterly profits remain consistently positive and FY2026 net profit is nearly 2× FY2025, indicating strengthening financial performance.📈