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Premier Energies zooms on incorporating wholly owned subsidiary

21 Apr 2025 Evaluate

Premier Energies is currently trading at Rs. 1009.25, up by 41.90 points or 4.33% from its previous closing of Rs. 967.35 on the BSE.

The scrip opened at Rs. 972.40 and has touched a high and low of Rs. 1011.60 and Rs. 964.60 respectively. So far 93553 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 1387.10 on 17-Dec-2024 and a 52 week low of Rs. 755.55 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 972.85 and Rs. 902.00 respectively. The current market cap of the company is Rs. 45494.40 crore.

The promoters holding in the company stood at 64.25%, while Institutions and Non-Institutions held 11.62% and 24.14% respectively.

Premier Energies has incorporated a wholly owned subsidiary namely ‘Premier Energies GWC’. The wholly owned subsidiary has been incorporated with the main objective of manufacturing and processing high quality silicon ingots and wafers using advanced technologies and processes, intended for use in solar cells.

The Ministry of Corporate Affairs, Government of India has issued the Certificate of Incorporation on April 20, 2025.

Premier Energies manufactures integrated solar cell and solar panel.

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