Subsidiary wins INR 190 Crore solar modules order
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 3.6 pts more than Nifty Microcap 250 and 4.5 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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Material subsidiary Saatvik Solar Industries has received and accepted a domestic order worth INR 190 Crores from a renowned Independent Power Producer or EPC player for the supply of Solar PV Modules. The order is commercial in nature, with no related party interest, and is to be executed by March 2027.
Positive: sizeable new order boosts order book and revenue visibility through FY27 for the group.