The development phase is expected to be completed in Q3 of FY26, with serial production scheduled to begin in Q4. Synergy Green is already involved 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 FY25 to Rs 40 crore in FY26, based on forecasted volumes,” the company said in a statement.
Synergy Green continues to strengthen its position as a leading manufacturer of large, critical castings for wind turbine components, supported by its state-of-the-art facilities in Kolhapur, Maharashtra. The company is a trusted supplier to several global wind turbine OEMs, and this order reinforces its strategic role in the renewable energy sector.
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Synergy Green shares technical outlook
From a technical standpoint, the Relative Strength Index (RSI) stands at 49.3, indicating neutral momentum. The MACD is at 6.7 — above its center line but below the signal line.
The stock is currently trading above all key moving averages, including its 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs).
Synergy Green shares performance
Synergy Green shares have gained 35% over the past three months and nearly 180% over the last two years. The company’s market capitalisation now stands at Rs 863 crore.
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