Additional order from MSEDCL for 1,000 solar pumps worth Rs 16.74 Cr

Govt Defence OrderBusiness Updates View source PDF Explain this filing

SAATVIKGL · price

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

-2.0%Reaction day

₹382.70

prior close

₹385.70

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.5%-1.5% vs market

Other Electrical Equipment peers, median of 43sector-0.9%-1.1% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.1 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

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10m

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15m

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30m

-0.5

Sessions after the filingfrom the prior close

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Reaction day

-2.0-0.5-1.5-0.9-1.1

Next day

-2.9-1.3-1.6-2.2-0.7

-1.2-1.4+0.1-2.5+1.2

-2.0+0.0-2.0-1.5-0.4

-1.7+0.2-1.9-1.8+0.1

+1.1+1.2-0.0-0.9+2.1

+1.9+0.8+1.2-3.0+4.9

15d

+1.2-5.1+6.3-9.4+10.6

-4.8-8.8+4.0-12.6+7.7

-3.9-4.5+0.6-10.4+6.5

+1.4-13.7+15.1-14.1+15.5

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 43Pending

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

AI summary

Saatvik Green Energy received an additional order from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for 1,000 Solar Photovoltaic Water Pumps worth about Rs 16.74 Crores (excluding GST). Work is under the PM KUSUM B scheme. Total order size now stands at 1,815 pumps aggregating to about Rs 30.24 Crores. Installation must be completed within 60 days of work order.

Likely market impact

Positive: fresh government order strengthens order book and revenue visibility under the PM KUSUM B solar pump scheme.