New Delhi: Premier Energies’ stock has continued to impress investors, maintaining levels well above its IPO price even after the expiry of its one-year lock-in period. The company had made a strong debut on September 3, 2024, with its shares listing at ₹450 and surging over 120% in the initial weeks.

By September 6, 2024, the stock had climbed to ₹1,188 following the announcement of a ₹215 crore order for solar water pumping systems in Uttar Pradesh, scheduled for completion by March 2025.

Despite facing a 12% decline in mid-September 2024 due to profit booking, the stock remained significantly higher than its IPO price, reflecting sustained investor interest and confidence in the company’s fundamentals.

On April 16, 2025, the one-year lock-in period for early investors ended, allowing them to sell their holdings. Contrary to concerns of potential heavy sell-offs, the stock witnessed a modest 3% rise, signaling strong market sentiment and limited immediate selling pressure.

Currently, Premier Energies continues to trade robustly, with its secured orders and stable performance offering a positive outlook. Analysts note that ongoing market conditions and investor sentiment will play a crucial role in the stock’s future trajectory, but the company’s strong fundamentals and strategic projects provide a solid foundation for growth.