Announced Mon, 15 Jun · 09:52 IST
Gujarat Inject Kerala bags Rs 14.49 Cr solar PV module order from Deon Energy
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.5%1-day move
₹119.00
prior close
₹124.95
base price
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AI summary
Gujarat Inject Kerala (rebranding to Regenova Renewtech) secured a Rs. 14.49 crore order from Deon Energy for 16,129 Solar PV Modules of 620 WP capacity. The order equals about 40% of its FY26 revenue of Rs. 36.32 crore. FY26 revenue grew 91% YoY and net profit rose 78% to Rs. 1.81 crore. Q4FY26 revenue jumped 7x to Rs. 30.70 crore. The win follows prior solar orders from Earthwave, Perfect Renewtech and Surja Infra.
Likely market impact
Positive: sizeable order (~40% of FY26 revenue) reinforces solar order book and rebranding to Regenova Renewtech, building on 91% FY26 revenue growth.