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Synergy Green Industries Share Price Surges Over 6% on Strategic Order from Adani Wind

Written by: Team Angel OneUpdated on: 9 Jul 2025, 4:28 pm IST
Synergy Green Industries share price surges over 6% on a development order from Adani Wind for 3.3 MW turbine parts, which doubles the company’s order book.
Synergy Green Industries Share Price Surges Over 6% on Strategic Order from Adani Wind
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Synergy Green Industries Limited (SGIL), a leading manufacturer of castings for wind turbine components, has announced a significant development in its collaboration with Adani Wind. The announcement comes under the disclosure guidelines of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, aimed at updating stakeholders with material business developments.

Development Order from Adani Wind

Adani Wind, a division of Adani New Industries Ltd. and a fast-emerging wind OEM in India has entrusted Synergy Green with a development order for parts supporting its 3.3 MW turbine platform. 

The development phase of the project is set for completion in Q3 of FY 2026, followed by serial production beginning in Q4 of FY 2026. SGIL is already supplying bearing housing castings for Adani’s 5 MW turbines, strengthening the ongoing partnership between the two firms.

Doubling the Order Book and Strategic Growth

With this order, Synergy Green’s order book with Adani Wind is projected to rise significantly from ₹20 crore in FY 2025 to ₹40 crore in FY 2026 based on projected volumes. The company remains committed to enhancing its leadership in manufacturing large, complex castings for the renewable energy sector, leveraging its advanced manufacturing facilities in Kolhapur, Maharashtra. 

SGIL emphasised that these projections are based on the customer's forecasts and business allocation, advising investors to consider this before making investment decisions.

Read More: NTPC Subsidiary Commissions 250 MW Tehri Pumped Storage Unit II!

Synergy Green Industries Share Price Performance 

As of July 09, 2025, at 10:56 AM, Synergy Green Industries share price is trading at ₹558.20, a surge of 7.28% increase.

Conclusion

The new development order from Adani Wind marks a pivotal milestone in SGIL’s growth journey. It reflects increasing trust from top-tier renewable energy clients and underlines the company's strong positioning in India's green energy manufacturing landscape.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/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 the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jul 9, 2025, 10:58 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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