Archive · 17 Jun 2025
Raminfo Stock Up 20% After Securing ₹474 Crore Solar Order
Imagine a small company, Raminfo, that builds solar power systems.
They just got a huge order worth ₹474 crore to put solar panels on government buildings in Rajasthan!
Because of this good news, even though the stock market was down, their stock price jumped up a lot.
The project will create a lot of solar power and is a big win for the company.
Raminfo is also entering the energy business with a special company that focuses on solar energy.
Raminfo Ltd. secured a ₹474 crore order for a rooftop solar project.
The order is from Rajasthan Renewable Energy Corporation Limited (RRECL).
The project involves installing 73 MW of solar panels on state government buildings.
Raminfo will hold a 51% stake through its subsidiary, Raminfo Green Energy.
The stock price hit a 20% upper circuit despite a market sell-off.
- Who
- Raminfo Ltd. secured the order from Rajasthan Renewable Energy Corporation Limited (RRECL).
- What
- Raminfo Ltd. secured a ₹474 crore order for a rooftop solar project.
- When
- The order was announced on June 17, 2025.
- Where
- The project will be installed throughout Rajasthan.
- Why
- To expand its business and increase its revenue.
Market Performance
Company Outlook
Stock Contrasts
Market Performance
Overall, there was a sell-off in the Indian stock market.
Company Outlook
Raminfo's stock price gained 20%.
- Company
- Raminfo Ltd.
- Order Value
- ₹474 crore
- Client
- Rajasthan Renewable Energy Corporation Limited (RRECL)
- Project
- Rooftop Solar Project
- Capacity
- 73 MW
- Stock Movement
- Hit 20% upper circuit
