Subsidiary bags Rs 486 Cr order for solar PV modules

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

-4.1%Reaction day

₹396.00

prior close

₹409.00

announcement price

After-mkt

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%-4.2% vs market

Other Electrical Equipment peers, median of 44sector+0.3%-4.4% vs sector

On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250 and 4.4 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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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-4.1+0.1-4.2+0.3-4.4

Next day

-3.4-0.5-2.9+0.1-3.4

-5.3-1.0-4.3-0.7-4.6

-6.1-1.8-4.4-2.3-3.9

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15d

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+1.8-4.1+5.9-6.3+8.0

-9.1-16.1+7.0-13.5+4.4

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 44Pending

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

AI summary

Saatvik Solar Industries, material subsidiary of Saatvik Green Energy, received and accepted an order worth Rs 486 crores from a domestic Independent Power Producer or EPC player for supply of solar PV modules. Order to be executed by December 2026. No promoter or related party interest in the awarding party.

Likely market impact

Positive: sizable domestic order strengthens revenue visibility through 2026 for subsidiary and parent.