Enviro Infra Share Price Rises 5% on Vento Power Acquisition | Stock Market Today

Enviro Infra Share Price Rises 5% on Vento Power Acquisition | Stock Market Today

Market Performance

The stock market today witnessed action around Enviro Infra share price, which surged nearly 5.3% to ₹274 on Friday, August 22. The move came after the company revealed its subsidiary’s acquisition of Vento Power Infra Pvt Ltd.

At around 10 am, Enviro Infra shares were trading at ₹271, up 4.3% from the previous close on the NSE. Notably, the stock has been on a strong upward trend, gaining over 25% in the past three months.

Main News: Acquisition of Vento Power

The sharp rally was triggered by Enviro Infra Engineers’ announcement that its subsidiary, EIE Renewables Pvt Ltd, has completed the acquisition of Vento Power Infra Pvt Ltd from PTC India Financial Services.

  • Deal Value: ₹115.6 crore in cash
  • Transaction Date: August 20
  • Regulatory Filing Date: August 21

With this deal, Enviro Infra now holds 100% ownership in Vento Power, strengthening its position in the renewable energy sector.

Company Details: Vento Power’s Profile

Vento Power, incorporated in 2015, is currently developing a 40 MW solar project in Odisha’s Bolangir district. The project comes with a tariff of ₹4.1 per unit for a duration of 18 years.

Financially, Vento Power presents a mixed picture:

  • Turnover (FY24): ₹16.5 crore
  • Net Worth: Negative ₹79.2 crore

While the net worth remains under pressure, the long-term solar power project provides growth potential for Enviro Infra’s renewable energy portfolio.

Financial Performance of Enviro Infra

The acquisition news came alongside Enviro Infra’s solid financial results for the June 2025 quarter.

  • Net Sales: ₹232.4 crore, up 13.3% YoY
  • Net Profit: ₹40.8 crore, up 23.3% YoY
  • EBITDA: ₹67.5 crore, up nearly 23% YoY
  • EPS: ₹2.32, slightly lower than ₹2.42 in the same quarter last year

This financial momentum, combined with the acquisition, has fueled investor interest and kept Enviro Infra share price on an upward trajectory.

Summary

Enviro Infra Engineers’ decision to acquire Vento Power marks a strategic step toward expanding its renewable energy footprint. The market has responded positively, with shares gaining over 5% intraday and maintaining a steady rally over the past three months.

For investors tracking stock market today, Enviro Infra’s strong quarterly earnings coupled with the ₹115.6 crore acquisition highlight the company’s focus on long-term growth in the renewable sector.

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