# Rhetam TMT rises to 52-week high after solar project update 2026-08-07T08:46:43+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Rhetam TMT shares rose 3% to a 52-week high of Rs 33.81 on the NSE on Friday, after the company said its 1 MW AC captive ground-mounted solar project had completed testing and commissioning. The stock opened at Rs 33.46, against Thursday’s close of Rs 32.85. The company said commercial power generation should begin shortly, subject to any remaining operational formalities. It added that power costs account for nearly 20% of its total cost structure, so captive generation could lower energy expenses and improve operating efficiency. The stock has gained 9% in a week, 23% in a month and 35.66% in a year, according to Livemint. ## Coverage - livemint.com Tags: capex, Rhetam TMT, solar power, stock market Canonical: https://indianopinion.org/rhetam-tmt-rises-to-52-week-high-after-solar-project-update/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/rhetam-tmt-rises-to-52-week-high-after-solar-project-update/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.