Shares of Synergy Green Industries Ltd rallied 11% to touch a day’s high of Rs 577.70 on 9th July. This occurred after the company announced it had received a development order from Adani Wind, a company under the Adani Group.

Synergy Green Industries announced that it has received a development order from Adani Wind, a subsidiary of Adani New Industries Ltd, for 3.3 MW of wind turbine parts. The development phase is expected to be completed by Q3 of FY26. Serial production will commence in Q4 of FY26.

The company is already supplying bearing housing castings for Adani’s 5 MW turbine platform. With this new order, Synergy Green expects its order book with Adani Wind to double from Rs 20 crore in FY25 to Rs 40 crore in FY26.

Based in Kolhapur, Maharashtra, Synergy Green manufactures large, critical castings for wind turbine components. The company said this order strengthens its position as a trusted supplier to major wind energy players.

At 3:25 PM, the shares of Synergy Green Industries were trading 4.97% higher at Rs 546.15 on NSE.

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