Synergy Green shares gain 8% on order win from Adani Winds

Synergy Green Industries

Synergy Green Industries share price added more than 8 percent in the opening trade on July 9 after the company received development order for 3.3 MW turbine parts from Adani Wind, the wind energy division of Adani New Industries.

At 09:20am, Synergy Green Industries was quoting at Rs 562.95, up Rs 42.85, or 8.24 percent, on the BSE.

The development phase is expected to be completed in Q3 of FY2026, with serial production scheduled in Q4 of FY2026.

Synergy Green is already engaged in the serial supply of bearing housing castings for Adani’s 5 MW turbine platform.

With this new development order, our order book with Adani Wind is projected to double - from Rs 20 crore in FY2025 to Rs 40 crore in FY2026, based on forecasted volumes, Synergy Green Industries said.

Synergy Green continues to strengthen its leadership in the manufacturing of large, critical castings for wind turbine components, with state-of-the-art facilities located in Kolhapur, Maharashtra.

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The share touched a 52-week high of Rs 566.95 and a 52-week low of Rs 314.18 on 16 June, 2025 and 05 August, 2024, respectively.

Currently, the stock is trading 0.71 percent below its 52-week high and 79.18 percent above its 52-week low.

The market capitalisation of the company stands at Rs 874.99 crore.