Fujiyama Power Systems share price opened at ₹410.80 apiece today, representing a 5.35% jump from the previous close of ₹389.95 on Friday. According to latest reports, investors responded quickly to the commissioning news, with the stock surging to the opening level. The solar power stock has demonstrated strong performance with gains of over 5.57% in a week and 7.39% in a month. The stock has delivered impressive 84% returns on a year-to-date basis, significantly outperforming broader market sentiment.
In an exchange filing on 7 August, Fujiyama Power Systems announced the commissioning of its 2 GW power electronics manufacturing facility at Ratlam, Madhya Pradesh. As reported by Live Mint, the Ratlam facility forms a crucial part of the company's large-scale greenfield manufacturing expansion, aimed at enhancing its integrated production capabilities across the rooftop solar value chain. This follows the commissioning of its 2 GW solar panel manufacturing facility in May, marking another significant milestone in the development of its integrated manufacturing complex.
The newly commissioned facility has an installed capacity of 2 GW and will produce a range of power electronics products, including solar inverters, UPS systems and other related solutions. According to Live Mint, with the addition of the Ratlam facility, Fujiyama's total power electronics manufacturing capacity has risen to 4.2 GW, strengthening its ability to tap into the rapidly expanding rooftop solar market. The facility represents a significant expansion of the company's integrated manufacturing capabilities, doubling down on clean energy technology after the May facility commissioning.
Pawan Kumar Garg, Chairman and Joint Managing Director at Fujiyama Power Systems, stated that the commissioning represents another important milestone in the company's growth journey. As reported by Live Mint, he emphasized that strengthening manufacturing capabilities in power electronics enables the company to deliver reliable, high-quality products while improving operational efficiencies and supply chain integration. The company's battery manufacturing facility is also progressing as planned, further strengthening the integrated manufacturing platform. Garg noted that this expansion is key for meeting India's growing demand for rooftop solar and making operations smoother.
The solar power stock made its stock market debut in November 2025, listed at ₹220 per share, representing a 3.51% discount from its final issue price of ₹228. According to Live Mint, despite weak market sentiments, the stock has given positive returns, with the company's integrated manufacturing approach positioning it well for the expanding rooftop solar market in India. The latest surge in share price reflects strong investor confidence in the company's strategic expansion and its ability to capitalize on India's growing clean energy market, supported by the country's renewable energy targets of 500 GW by 2030.
