BSESolarium Green Energy Ltd· ConstructionHighPositive
Announced Tue, 24 Jun, 2025 · 21:00 IST

We are pleased to Inform that our Company has received work order of Rs. 35,32,50,000/- (approx.) exclusive of GST from Kirloskar Solar Technologies Private Limited dated June 17, 2025 ....

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+1.4%Reaction day
₹462.50
prior close
₹471.00
announcement price
After-mkt
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Nifty Microcap 250market · in no size index; the smallest one is used+1.9%-0.5% vs market
Civil Construction peers, median of 87sector+1.4%+0.0% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and in line with its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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

AI summary

Solarium Green Energy has received a work order of approximately Rs. 35.32 crore (excluding GST) from Kirloskar Solar Technologies Private Limited. The order covers supply, installation, testing, and commissioning of 11,775 KW grid-connected rooftop solar projects at various locations of Central Armed Forces and the Department of Ministry of Home Affairs. The order was originally dated June 17, 2025, communicated by email on June 20, and formally accepted on June 24, 2025. The project completion timeline is 6 months from the date of Notification of Award. The company states this order will significantly broaden its customer base and drive profitability.

Likely market impact

This is a sizable order from a reputed client (Kirloskar group entity) for a government-backed solar project, which is positive for revenue visibility and could boost short-term stock sentiment. For a small-cap solar company, an order of this size is likely material relative to existing business and signals growing traction in the rooftop solar segment.