Saatvik Green Energy Shares Rise 2% After Rs 707 Crore Order Win

Saatvik Green Energy Shares Rise 2% After Rs 707 Crore Order Win

Shares of Saatvik Green Energy Ltd edged higher by over 2% in today’s trading session, hitting a 52-week high of ₹474.85. The surge comes after the company secured substantial orders totaling Rs 707 crore, reflecting strong business momentum in the renewable energy sector.

Market Performance

  • Current Share Price: ₹474.85
  • Gain: 2%
  • Trend: 52-week high

Investors reacted positively as the order wins indicate growth potential and continued demand for solar solutions.

Company Update: Order Wins

Saatvik Green Energy’s subsidiary, Saatvik Solar Industries, reported that it received significant orders for solar PV modules:

  • Order 1: Rs 219.62 crore from three independent power producers/EPC companies.
  • Order 2: Rs 488 crore from other major independent power producers/EPC companies.

All these orders are scheduled to be executed in FY26, highlighting the company’s forward-looking project pipeline.

Segment Insights

  • The bulk of the orders comes from solar PV module supplies, which remain a core focus area for the company.
  • The order aggregation demonstrates strong market demand and Saatvik’s ability to secure large-scale contracts from reputed power producers.

Stock Trend and Performance

Saatvik Green Energy has been gradually climbing in recent months, and today’s rally to a 52-week high underscores the market’s positive sentiment:

  • Stock Performance: Up 2% today following the order announcement.
  • Long-Term Trend: Strong momentum due to large project wins and strategic expansion in solar energy.

The orders reflect the company’s operational capability to handle large-scale solar projects and reinforce confidence in its growth trajectory.

Summary

Key takeaways from Saatvik Green Energy’s recent developments:

  • Secured Rs 707 crore in new solar orders, to be executed in FY26.
  • Orders split between Rs 219.62 crore and Rs 488 crore from multiple independent power producers/EPCs.
  • Share price rises to ₹474.85, marking a 52-week high.
  • Strength in core solar PV module segment drives growth and market confidence.

This milestone underscores Saatvik Green Energy’s strong foothold in the renewable energy sector and its capacity to execute major projects successfully.

Download the Samco Trading App

Get the link to download the app.

Samco Fast Trading App

Leave A Comment?