52-week high alert: Wind turbine casting company received 3.3 MW turbine parts order from Adani Wind
DSIJ Intelligence-1 / 09 Jul 2025/ Categories: Multibaggers, Trending
The stock is up by 83.5 per cent from its 52-week low of Rs 314.27 per share and gave multibagger returns of 500 per cent in 5 years.
Synergy Green Industries Ltd has received a significant development order from Adani Wind, the wind energy division of Adani New Industries Ltd., for 3.3 MW turbine parts. The development phase for these components is anticipated to conclude by the third quarter of fiscal year 2026, with serial production slated to commence in the fourth quarter of the same fiscal year. This new order is expected to double Synergy Green's order book with Adani Wind, projecting an increase from Rs 20 crores in FY 2025 to Rs 40 crores in FY 2026, based on forecasted volumes.
This development further solidifies Synergy Green's position as a leader in manufacturing large, critical castings for wind turbine components, leveraging its state-of-the-art facilities in Kolhapur, Maharashtra. The company is already engaged in supplying bearing housing castings for Adani’s 5 MW turbine platform. This latest order reinforces Synergy Green's strategic positioning within the renewable energy sector and highlights its role as a trusted supplier to leading global wind OEMs.
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About the Company
Synergy Green Industries Ltd is a prominent manufacturer of large-scale cast iron and steel castings, operating in India. Their products are meticulously crafted for use in various heavy engineering applications, with a particular focus on wind turbines. Known for their exceptional quality and precision, Synergy Green's castings are instrumental in supporting the renewable energy sector and other critical industries.
With a commitment to excellence, the company has established itself as a leading player in the Indian manufacturing landscape. Their extensive experience and state-of-the-art facilities enable them to deliver castings that meet the rigorous standards demanded by modern engineering projects. Synergy Green's dedication to innovation and customer satisfaction has solidified its reputation as a reliable and trusted partner for businesses seeking high-quality castings.
On Wednesday, shares of Synergy Green Industries Ltd jumped 10.9 per cent and made a new 52-week high of Rs 576.80 per share from its previous closing of Rs 520.10 per share. The shares of the company saw a spurt in volume by more than 40 times on the BSE. The stock is up by 83.5 per cent from its 52-week low of Rs 314.27 per share and gave multibagger returns of 500 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.