Subsidiary bags INR 476 Cr order for solar modules

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SAATVIKGL · price

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

+2.0%Reaction day

₹433.20

prior close

₹432.95

announcement price

In-mkt

timing

Nifty Microcap 250market+0.2%+1.9% vs market

Other Electrical Equipment peers, median of 52sector-0.5%+2.6% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 2.6 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.8

10m

+1.9

15m

+1.5

30m

+1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0+0.2+1.9-0.5+2.6

Next day

-0.5+0.2-0.7-0.8+0.3

-6.3+0.4-6.7-1.1-5.3

-7.2+0.7-7.9-0.6-6.6

-7.7+0.1-7.8-1.7-5.9

-7.3+0.7-8.0-0.6-6.7

-2.6+1.2-3.8-2.0-0.6

15d

-2.4+0.7-3.2-3.0+0.6

-10.4-1.2-9.2-3.6-6.8

-7.8-1.1-6.7-5.5-2.3

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 52Pending

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

AI summary

Material subsidiary Saatvik Solar Industries has received and accepted an order worth INR 476 Crores from Vikran Engineering Limited for supply of Solar PV Modules. The order is domestic, commercial in nature, and to be executed by March 2027. Vikran Engineering has no promoter or related party connection with the company.

Likely market impact

Strengthens order book and revenue visibility for subsidiary with a sizeable domestic solar module supply contract, positive for growth outlook.