Premier Energies Share Price Rises 3% as ₹18,000 Crore Lock-In Ends | Stock Market Today

Premier Energies Share Price Rises 3% as ₹18,000 Crore Lock-In Ends | Stock Market Today

Market Performance

The Indian stock market opened Monday’s session with steady action, and one of the key movers was Premier Energies share price. The stock gained nearly 3% to ₹1,023 in morning trade on September 1, drawing investor attention as a major lock-in period came to an end.

By 10:00 am, the stock was quoting at ₹1,015, up 2.1% from the previous close. Despite today’s uptick, the broader trend for 2025 shows the counter has struggled, slipping 27% year-to-date.

Main News: Unlock of ₹18,000 Crore Worth of Shares

A significant event triggered the rally today. The one-year lock-in period on a large chunk of company shares expired, making them available for trade.

  • 185.2 crore shares unlocked
  • Equals 41% of total equity
  • Value based on last close: ₹18,347 crore

It’s important to note, this expiry doesn’t mean an immediate selloff. It only allows existing holders to trade if they wish to.

Company Details

Premier Energies, a solar power solutions provider, entered the stock market on September 3, 2023, with one of the standout IPO listings of that year.

  • IPO issue price: ₹450
  • Listing debut: more than double
  • All-time high: ₹1,388
  • Current price: ~₹1,015

The stock has had a volatile journey since listing—rising sharply in the early months, then cooling off from its peak.

Shareholding Pattern (as of June 2025)

  • Promoters: 64.25%
  • Mutual Funds: 8.34% (up from 4.22%)
  • Foreign Institutions: 4.41% (up from 3.08%)
  • Retail Investors (≤ ₹2 lakh): down from 4.05 lakh to 3.7 lakh shareholders

The rising institutional interest highlights growing confidence from larger investors, even as retail participation has dipped.

Financial Performance

Premier Energies’ recent quarterly numbers show improving profitability.

  • Operating margin (Q1 FY25): 30.2%
  • Operating margin (Q1 FY24): 21.6%

The company’s margin expansion signals stronger efficiency and cost management, backed by steady order flows.

Summary

  • Premier Energies share price today: rose up to 3% intraday to ₹1,023
  • Reason: end of one-year lock-in worth ₹18,347 crore
  • Shareholding trends: institutional stakes rising, retail down
  • Stock journey: debut at 2x issue price, high of ₹1,388, now down 27% YTD
  • Financials: margin improvement to 30.2% in June quarter

The unlocking of shares worth over ₹18,000 crore adds a new dynamic to trading volumes. While the stock remains below its highs, institutional accumulation and margin growth will keep market watchers closely tracking its next moves.

Download the Samco Trading App

Get the link to download the app.

Samco Fast Trading App

Leave A Comment?