Mumbai, September 4 (Kiran News): Shares of CLN Energy surged to their upper circuit limit on Thursday after the company announced that it had bagged an order worth around ₹15.91 crore from a Hong Kong-based multinational.
The stock jumped 5% to ₹639.50 on the BSE, up by ₹30.45 from its previous close of ₹609.05. The scrip opened at ₹639.50 and remained locked at the same level, with 1,200 shares traded during the session.
CLN Energy’s market capitalisation currently stands at ₹642.75 crore. The stock has a 52-week high of ₹659.05 recorded on July 11, 2025, and a 52-week low of ₹230.00 on April 7, 2025. Over the past week, it has traded between ₹561.00 and ₹639.50.
Promoters hold 72.60% in the company, while institutional investors own 14.50% and non-institutional investors 12.90%.
According to the company, the fresh order involves design and development of a system, production part approval process, and after-sale support. The project is expected to be completed within 90 days.
CLN Energy is engaged in manufacturing customised lithium-ion batteries and motors. It also supplies powertrain components for electric vehicles, including controllers, throttles, DC-DC converters, displays, and differentials.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
