Subsidiary bags solar PV module order worth INR 9.63 Cr
SAATVIKGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 3.9 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.
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Material subsidiary Saatvik Solar Industries has received and accepted an order worth INR 9.63 Crores from a domestic Independent Power Producer/EPC player for supply of solar PV modules. The order is commercial in nature, to be executed by February 2026. No promoter or related party interest is involved in the awarding entity.
Modest positive, small ticket domestic order; limited immediate revenue impact for the listed entity.