Subsidiary bags 4.5 GWp solar cell supply deal from domestic buyer

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EMMVEE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-5.1%Reaction day

₹212.00

prior close

₹201.25

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-2.3%-2.8% vs market

Other Electrical Equipment peers, median of 44sector-3.2%-1.9% vs sector

On the reaction day the stock moved 2.8 pts less than Nifty Smallcap 250 and 1.9 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.2

10m

+0.5

15m

+0.6

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.1-2.3-2.8-3.2-1.9

Next day

-5.2-1.3-3.9-1.7-3.5

-5.2-2.0-3.2-1.7-3.5

-5.7-1.4-4.2-2.6-3.1

-8.2-0.6-7.6-1.1-7.1

-11.0-0.2-10.7-1.9-9.1

-16.5-1.7-14.8-2.8-13.7

15d

-12.0-0.0-12.0-3.7-8.3

-4.8-0.0-4.8-7.0+2.2

-4.2-1.4-2.9-6.9+2.6

-8.7-8.7-0.0-17.4+8.7

UpDownMarket · Nifty Smallcap 250Sector · Other Electrical Equipment peers, median of 44Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Emmvee Energy, wholly-owned subsidiary, signed a 5-year supply agreement with a domestic buyer for 4.5 GWp of TOPCon crystalline silicon photovoltaic cells. Execution period: Dec 2025 to Dec 2030. New order, not a related party transaction. Buyer identity not disclosed.

Likely market impact

Positive: large multi-year domestic order boosts revenue visibility through 2030. Buyer name not disclosed, limiting clarity on end demand.