SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Synergy Green Industries commissions 2 MW of captive solar projects

04 Apr 2024 Evaluate

Synergy Green Industries has successfully commissioned 2 MW of Captive Solar projects. This is estimated to take care the electricity requirement for 3,000 MT of production (10% of present capacity). Further 8 MW installations are planned during FY 2024-25. 

These installations will help the company in achieving decarbonization goals, reduce the electricity costs and also hedge against future power tariff escalations. Presently, the company is spending around 8% on power costs and with completion of 10 MW installations, it is estimated to bring down these costs to 6% (at PBDIT levels).

Synergy Green Industries is engaged in the business of foundry, like manufacturing of castings, industrial castings, turbine castings, metal castings, steel castings and Windmill Parts.


Synergy Green Inds. Share Price

517.45 2.65 (0.51%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
AIA Engineering 4003.50
Alicon Castalloy 700.75
Nelcast 135.85
Steelcast 297.30
Synergy Green Inds. 517.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×