On Wednesday, July 2, 2025, CLN Energy share price soared to an all-time high of ₹570.15, hitting the 5% upper circuit limit. By 11:40 AM, the stock remained locked at this level even though the BSE Sensex was trading lower by 0.23% at 83,502.68.
The surge came after CLN Energy announced it had successfully finished the first phase of its lithium-ion battery supply project for Bharat Sanchar Nigam Limited (BSNL), one of India’s top telecom companies.
In a stock exchange filing, the company stated, “CLN Energy is happy to share a major milestone in our lithium-ion battery project for BSNL. The first phase of supply, which was scheduled to be completed by June 2025, has been successfully dispatched.”
The company also confirmed that it is already working on the second phase of the project, which is expected to be completed by July 14, 2025, as planned.
CLN Energy had won a tender worth around ₹107.91 crore (with the purchase order valued at ₹77 crore) to deliver lithium-ion batteries for BSNL’s telecom infrastructure.
The company said, “This win demonstrates our technical expertise and our commitment to providing clean, reliable energy solutions for important infrastructure.”
CLN Energy added that it will continue to ensure high product quality and on-time delivery, which it believes will further build its reputation as a dependable partner in the telecom and energy sectors.
CLN Energy got listed on the BSE SME platform on January 30, 2025. The stock made a decent debut, listing at ₹256, a 2.4% premium over its IPO price of ₹250.
Read More: Key Financial Changes from July 2025: Aadhaar-PAN Linking, Taxes, Railways, HDFC Credit Cards, and More!
Founded in 2019 and based in Delhi NCR, CLN Energy makes customised lithium-ion batteries, electric motors, and powertrain parts for electric vehicles and stationary energy storage systems.
It mainly serves business clients (B2B) and provides solutions for industries such as solar power, telecom, and smart city projects.
The company’s products include:
CLN Energy also offers prototyping and fully customised development services to meet unique client needs.
CLN Energy’s successful delivery of the first batch of lithium-ion batteries to BSNL has boosted investor confidence, sending its shares to record highs. As it moves ahead with the second phase and maintains a strong focus on quality and timely execution, the company is strengthening its position as a key supplier in India’s clean energy and telecom markets. Investors are optimistic that these achievements will help fuel the company’s long-term growth.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing
Published on: Jul 2, 2025, 12:46 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates