Synergy Green hits new high

By Meghana Salian
about 4 days ago

Synergy Green Industries has scored a big win by teaming up with Adani Wind to help develop components for their upcoming 3.3 MW wind turbines.

This project is currently in the development stage, which should wrap up by the third quarter of FY26, and if all goes to plan, mass production will kick off soon after in Q4.

Meanwhile, Synergy is already delivering critical bearing housing castings for Adani’s larger 5 MW turbines. These are heavy-duty, high-precision components that basically act as the backbone of a turbine—supporting the main shaft and helping everything spin smoothly and safely.

The company is scaling up its foundry capacity in Kolhapur from 30,000 to 45,000 metric tons per annum, with completion expected by Q1 FY26.

The stock is currently up by 7.05%, trading at Rs 556.75 after making a 52 week high of 576.80.