15 Oct 2025

Surana Solar Shares Rise Over 2% as Company Secures ALMM and BIS Approvals

Surana Solar Limited is currently trading at RS 33.04, up by 0.72 points or 2.23% from its previous close of RS 32.32 on the BSE.

The stock opened at RS 32.27 and touched an intraday high of RS 33.70 and a low of RS 32.27. So far, 3,572 shares have been traded on the counter.

The BSE Group ‘B’ stock, having a face value of RS 5, has recorded a 52-week high of RS 60.90 (22-Oct-2024) and a 52-week low of RS 28.40 (03-Mar-2025). In the past week, the scrip’s high and low stood at RS 35.96 and RS 28.95 respectively. The company’s current market capitalization stands at RS 162.43 crore.

Promoters hold 43.20% of the company’s shares, while Institutions and Non-Institutions own 0.39% and 56.42%, respectively.

In a major development, Surana Solar has been included in the Approved List of Models and Manufacturers (ALMM) issued by the Ministry of New and Renewable Energy (MNRE). The company has also received Bureau of Indian Standards (BIS) certification for its TOPCON 630 Wp and PERC 590 Wp solar PV module families.

With these approvals, Surana Solar’s products are now eligible for participation in various government EPC projects, tenders, and PSU-related renewable initiatives.

The company is engaged in the energy production business, focusing on both wind and solar power segments.