Received Rs. 100 Crore order from MSEDCL for solar water pumps

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

+1.1%Reaction day

₹394.55

prior close

₹402.00

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+0.3% vs market

Other Electrical Equipment peers, median of 50sector-0.3%+1.4% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 1.4 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+1.1+0.8+0.3-0.3+1.4

Next day

+1.2+1.0+0.1+0.5+0.7

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 50Pending

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

AI summary

Saatvik Green Energy Limited received an order from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for 5,000 off-grid DC solar water pumping systems (3 HP, 5 HP, and 7.5 HP) worth about Rs. 100 Crores (excluding GST). Work includes installation within 60 days plus 5 years of warranty and maintenance under the PM KUSUM B scheme.

Likely market impact

Adds Rs. 100 Crore to order book from a state utility, supporting near-term revenue visibility.