Surana Solar Jumps After Inclusion in Government’s Approved ALMM List

Hyderabad, October 15 (Udaipur Kiran): Shares of Surana Solar gained momentum after the company announced its inclusion in the Approved List of Models and Manufacturers (ALMM) issued by the Ministry of New and Renewable Energy (MNRE). The stock was trading at Rs. 33.04, up by 0.72 points or 2.23% from its previous close of Rs. 32.32 on the BSE.

Surana Solar

The scrip opened at Rs. 32.27 and recorded a high of Rs. 33.70 and a low of Rs. 32.27 during the session. Around 3,572 shares were traded on the counter. The BSE Group ‘B’ stock, with a face value of Rs. 5, has touched a 52-week high of Rs. 60.90 (22-Oct-2024) and a 52-week low of Rs. 28.40 (03-Mar-2025).

During the past week, the stock traded between Rs. 35.96 and Rs. 28.95. The company’s current market capitalisation stands at Rs. 162.43 crore. Promoters hold 43.20% of the company’s shares, while institutional and non-institutional investors hold 0.39% and 56.42% respectively.

In addition to ALMM inclusion, Surana Solar has also received Bureau of Indian Standards (BIS) certification for its TOPCON 630 Wp and PERC 590 Wp solar PV module families. These certifications make the company’s products eligible to participate in various Government EPC power projects, tenders, and PSU-related renewable energy initiatives.

Surana Solar operates in the energy production sector, focusing on both solar and wind power generation.

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