Rs 454.50 Cr Letter of Empanelment for 100 MW rooftop solar project

Govt Defence OrderBusiness Updates View source PDF Explain this filing

GKENERGY · price

Loading chart…

▲ 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

+6.3%Reaction day

₹126.30

prior close

₹132.17

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+5.7% vs market

Civil Construction peers, median of 101sector+0.2%+6.1% vs sector

On the reaction day the stock moved 5.7 pts more than Nifty Microcap 250 and 6.1 pts more than its Civil Construction 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

+1.6

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.3+0.6+5.7+0.2+6.1

Next day

+10.6+0.4+10.2-0.4+11.0

+8.9+0.7+8.3-0.2+9.2

+6.1+1.0+5.1-1.0+7.1

+4.8-0.0+4.8-1.8+6.6

+4.0-0.6+4.5-2.1+6.0

+2.1+0.7+1.5-0.3+2.4

15d

-5.5-1.2-4.2-4.3-1.2

-3.5-0.9-2.6-4.9+1.4

-20.0-9.0-11.0-13.6-6.4

—————

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 101Pending

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

AI summary

GK Energy has received a Letter of Empanelment from a State Government-owned power distribution utility for 1,00,000 Grid Connected Rooftop Solar PV projects totaling 100 MW, to be installed at 1,00,000 households. Contract value is Rs. 454.50 Crore inclusive of GST at Rs. 45,450 per kW. Scope covers design, supply, installation, commissioning and 5 years of O&M. To be executed within 60 days of respective work orders.

Likely market impact

Large order from a state-owned utility strengthens revenue visibility and supports growth in the rooftop solar segment.