Shares of Premier Energies shot up nearly 5% on Tuesday after a hefty block deal involving 2.5 crore shares caught the attention of investors. It was one of those mornings where everything moved fast, and Premier was right in the spotlight.
The stock hit an intraday high of ₹1,115 before cooling off slightly, but the buzz didn’t fade. With nearly ₹2,629 crore worth of equity changing hands even before the market had fully opened, traders were glued to their screens.
A Quiet Giant Moves: 2.5 Crore Shares Traded in Pre-Open Drama
It wasn’t just a casual spike. Exchange data showed a significant 5.54% of the company’s total equity—2.5 crore shares—were exchanged in multiple block deals early on.
The average price settled at ₹1,052 per share. That’s just a hair above the floor price of ₹1,051, which had been set ahead of the sale. It wasn’t disclosed who the buyers and sellers were, but industry watchers were quick to guess.
In fact, CNBC-TV18 reported that South Asia Growth Fund II was likely behind the offload. They currently hold an 11.1% stake in Premier Energies and had been planning to cut that down by around half.
It’s not often you see this kind of clean execution in a block deal. Buyers stepped in despite the sale being done at a small discount—about 1% below Monday’s close of ₹1,062.
Market Reacts with a Smile, But Analysts Stay Wary
Premier’s stock opened at ₹1,093, reflecting a 3% jump over the previous day. Intra-day, it climbed to ₹1,115 before pulling back a bit.
Now, let’s put it into context:
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The stock is up 12% over the past 30 days
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It’s still 16% below its year-start level
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But it’s risen 43% from its 52-week low of ₹755.55
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Yet trades shy of its 52-week high of ₹1,387.10
That’s a lot of ground covered—and missed.
Kotak Institutional Equities, not swayed by the hype, stuck to their “SELL” rating. Their target price? ₹900. That’s well below where the stock is now.
They’ve made it clear: impressive financials aside, they’re not buying the long-term growth story just yet.
Financials That Could Make Anyone Blink
Premier Energies dropped its Q4 FY25 results on May 19—and boy, were they loud.
Just look at these numbers:
| Metric | Q4 FY24 | Q4 FY25 | Change (%) |
|---|---|---|---|
| Revenue | ₹1,126.8 Cr | ₹1,620.8 Cr | +43.9% |
| Net Profit | ₹104 Cr | ₹277.8 Cr | +167% |
| EBITDA | ₹184.1 Cr | ₹528.6 Cr | +187% |
| EBITDA Margin | 16.4% | 32.6% | Almost Doubled |
Annual revenue more than doubled to ₹6,518.7 crore. Net profit for the year? Up 307% to ₹937 crore. That’s not a typo.
Still, some investors seemed to be cashing in their gains. After that kind of rise, some profit-taking is expected. Especially when you factor in broader market uncertainty.
Big Plans, Bigger Promises: Mission 2028
Premier isn’t just thinking about next quarter. They’ve got a full-scale makeover in the works.
During their Investor Day, management rolled out “Mission 2028”—a roadmap to go from solar panel makers to full-spectrum cleantech providers. Think storage, smart grids, green hydrogen—everything.
But words are one thing. Execution’s another.
They’ve already announced major expansion projects in their Q4 earnings call. Management claims everything is “on track.” Though we know how fast that can change in the energy sector.
Still, it’s a bold ambition.
Investors will want to see concrete updates every quarter. Not just PowerPoint slides.
What This Means for Retail Investors
This surge has naturally sparked interest among retail players.
One trader based in Hyderabad said, “It’s rare to see this kind of institutional activity without a major fundamental shift. Maybe someone big knows something we don’t.”
Maybe. Or maybe it’s just a repositioning by a PE fund nearing its exit timeline.
Either way, here’s what regular investors should keep in mind:
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A stock up 43% from its low isn’t necessarily cheap
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Kotak’s bearish call still holds water
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Large trades like this can distort short-term price trends
And one more thing…
Just because the company is growing fast doesn’t mean the stock price will keep pace. Valuations matter. Expectations are already priced in.
So, What’s Next?
No one’s sure what Premier’s stock will do next. That’s the truth.
Block deals can trigger rallies. But they can also mark peaks. Depends on who’s buying and why.
There’s also the question of whether South Asia Growth Fund II will completely exit or hold the rest of their stake.
Investors will be watching for fresh disclosures from exchanges. Until then, Premier Energies is officially one of the most watched tickers on the Indian bourses this week.
