ACME Solar and Other Stocks in Focus After Receiving Orders Worth up to ₹54 Cr

Synopsis: ACME Solar strengthened its renewable portfolio with a 301 MW SECI FDRE project, crossing 8 GW capacity, while Creative Newtech secured Rs. 54.15 crore Maharashtra government orders, boosting its presence in public-sector surveillance and disaster management solutions.

Stocks across the renewable energy and technology solutions sectors are in focus after fresh order wins from government-backed entities. A renewable energy player secured a large SECI FDRE project, boosting its clean energy portfolio, while a technology solutions company won multiple orders from the Government of Maharashtra.

ACME Solar Holdings Ltd

ACME Solar Holdings Limited is a leading integrated renewable energy player with a diversified portfolio of 8,071 MW spanning solar, wind, storage, FDRE and hybrid solutions and an operational contracted capacity of 2,962 MW and under-construction contracted capacity of 5,109 MW including ~17 GWh of BESS installation. 

With a market capitalisation of Rs. 13,498 cr, the shares of ACME Solar Holdings Ltd were trading at Rs. 222.75  per share, down by 2% from its previous close of Rs. 227.30 per share. 

It has secured a 301 MW / 1,204 MWh assured peak supply project under SECI’s FDRE-VII auction, conducted on February 5, 2026. With this win, the company’s total contracted portfolio has crossed 8 GW, reaching 8,071 MW across solar, wind, storage, hybrid, FDRE, and RTC solutions. 

The project mandates supply during non-solar hours using an integrated solar and battery energy storage system (BESS), leveraging ACME Solar’s existing night-time connectivity, with a formal Letter of Award expected shortly.

Creative Newtech Ltd

Creative Newtech Ltd specialises in connecting global brands with the Indian market. The company is a pioneer in market entry solutions, brand licensing, and contract manufacturing, enabling leading brands such as Honeywell, GoPro, ViewSonic, and Samsung to establish and grow their presence in India. 

With a market capitalisation of Rs. 1,064 cr, the shares of Creative Newtech Ltd were trading at Rs. 709 per share, down by 2.5% from its previous close of Rs. 727.45 per share. 

Creative Newtech Limited has secured two major government contracts worth a combined Rs. 54.15 crore from the Government of Maharashtra, strengthening its position as a reliable execution partner for large-scale public sector technology and infrastructure programs. The orders reflect the company’s enterprise-focused, system-led approach to delivering integrated solutions in surveillance, safety, and disaster preparedness.

The first order, valued at Rs. 7.67 crore, has been awarded by the Motor Vehicles Department (RTO) for the deployment of 600 body-worn camera systems across Regional and Deputy Regional Transport Offices in Maharashtra. The project will be executed on a complete lifecycle basis, covering equipment supply, system integration, installation, training, and ongoing maintenance, supported by Creative Newtech’s surveillance ecosystem and partnerships with STQC-certified brands Matrix and Sparsh.

The second and larger order is worth Rs. 46.48 crore, has been received from the Department of Disaster Management, Relief and Rehabilitation (R&R) for the supply of 2,677 disaster management and emergency response kits. The project will be implemented through the company’s B2B integrated partner ecosystem, aimed at improving emergency preparedness and ensuring timely response during natural and man-made disasters, in line with its focus on structured delivery of large government programs.

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