ICRA reaffirms Acme Solar Holdings at AA, outlook Stable
Acme Solar Holdings (ACMESOLAR) said ICRA has reaffirmed its credit rating at AA with a stable outlook. The company is valued at about ₹30,830 crore.
What happened
In a filing with the NSE on 7 October 2026 at 07:45 PM, Acme Solar Holdings (ACMESOLAR) said that ICRA has reaffirmed its credit rating at AA with a stable outlook.
Company snapshot
Acme Solar Holdings is a mid-cap company in the Power sector, with a market value of about ₹30,830 crore.
The stock last traded at ₹436.2, against a 52-week range of ₹195.9–₹476.9 (8.5% below the high).
Before this filing the shares had moved +8.5% over the month and +21.9% over three months. Average daily turnover over the last 20 sessions was about ₹104 crore.
Promoters held 71.40% at the end of Q1 FY27, down 0.08% points from the previous quarter. Foreign institutions owned 4.39% and domestic institutions 19.10%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 511 | 130.8 | 2.16 |
| Q2 FY26 | 468 | 115.1 | 1.9 |
| Q3 FY26 | 497 | 113.7 | 1.88 |
| Q4 FY26 | 548 | 139.3 | 2.3 |
| Q1 FY27 | 858 | 235.3 | 3.71 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 8 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 2.5% on average the next trading day and was up 4.5% on average after five days (4 filings with price data).
Across 49 similar disclosures by other Power companies, shares moved −0.3% on average the next day and −0.6% over five days; 41% of them rose the next day.
Market-wide, 1,237 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 2 Oct 2026 | Credit Rating | +3.6% | — |
| 2 Oct 2026 | Update on Credit Rating of the Company by CRISIL Ratings | +3.6% | — |
| 24 Jul 2026 | Credit Rating - ACME Eco Clean Energy Private Limited And ACME… | −2.8% | +1.4% |
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- ACME Solar Holdings gains 3% after commissioning 16 MW wind project in Gujarat
- Trade Spotlight: How should you trade Laurus Labs, BHEL, ACME Solar Holdings, Indian Hotels, Britannia,...
- ACME Solar Commissions Additional 66.68 MW of 300 MW Rajasthan Project
- ACME Solar Activates 107.36 MW Extra BESS Capacity In Rajasthan
- ACME Solar Holdings concludes 11th AGM, adopts FY26 financials
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.