Announced Thu, 2 Jul · 09:27 IST
GK Energy bags Rs 48.02 Cr order for 10 MW rooftop solar projects
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GKENERGY · price
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Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹138.75
prior close
₹138.05
base price
In-mkt
timing
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AI summary
GK Energy Limited has received an allotment for 10 MW of rooftop solar projects covering 1150 locations. The total order value is Rs 48.02 Crores inclusive of GST, to be executed within 90 days. The order has been awarded by a domestic Distribution Company on a one-time basis. The work involves installation of solar rooftop systems across the specified locations.
Likely market impact
Positive - new order worth Rs 48 Cr adds to order book. Execution within 90 days provides near-term revenue visibility for shareholders.