# Clean Max Enviro Energy Shares Jump 7%

> Clean Max Enviro Energy shares rose 7% to ₹1,342.20, trading 27% above IPO price after strong Q3 results.
- Title: Clean Max Enviro Energy Shares Jump 7% · mint | Shortify
- Summary: Clean Max Enviro Energy shares rose 7% to ₹1,342.20, trading 27% above IPO price after strong Q3 results.
- Keywords: clean max enviro energy, ipo, renewable energy, stock market, green bond, net profit, mint
- Source: mint — https://livemint.com/market/stock-market-news/clean-max-enviro-energy-shares-jump-7-stock-trades-27-above-ipo-price-what-s-driving-the-rally-check-key-levels-11794461936977.html
- Author: Dhanya Nagasundaram
- Published: 2026-11-12T06:03:16+00:00
- Read time: 1 min
- Topics: clean max enviro energy, ipo, renewable energy, stock market, green bond, net profit, money, business
## Clean Max Enviro Energy Shares Jump
Clean Max Enviro Energy Solutions shares rose 7% to ₹1,342.20, trading 27% above their IPO price.
## Strong September-Quarter Results
The company reported net profit up 82.3% year-on-year to ₹64.9 crore, with total income rising 34.5% to ₹750.9 crore.
## Green Bond Issuance
CleanMax raised ₹2,500 crore through India's first green bond in the C&I renewable energy sector.
## IPO Performance
The stock debuted on 2 March 2026 with an 8.83% discount on NSE and 9.57% discount on BSE.
## Current Trading Range
Shares traded between ₹1,256.25 and ₹1,342.20 during the day, gaining 2.10% weekly and 3.41% biweekly.
## Technical Analysis
Analysts suggest the stock needs to sustain above ₹1,265 to reach ₹1,400, the upper resistance level.
## Key Support Levels
The higher-bottom level around ₹1,200 is likely to act as a key support for the stock.
## What's Driving the Rally
Strong financial results and green bond issuance are driving the stock's 7% gain and 27% premium over IPO price.
## Key takeaway

Clean Max Enviro Energy Solutions shares rose 7% to ₹1,342.20, trading 27% above IPO price after strong September-quarter results.