Subsidiary wins order worth Rs 78.75 cr for solar panels

Business Updates View source PDF Explain this filing

SOLARWORLD · price

Loading chart…

▲ 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

+0.6%Reaction day

₹128.00

prior close

₹130.72

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+0.9% vs market

Civil Construction peers, median of 102sector-0.0%+0.7% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 0.7 pts more than its Civil Construction 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

+1.0

10m

+1.0

15m

+1.4

30m

+2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6-0.3+0.9-0.0+0.7

Next day

-2.2-1.5-0.6-0.9-1.3

-2.7-1.5-1.2-1.5-1.2

+2.2-0.2+2.5-0.9+3.1

+2.4-0.5+2.9-0.6+3.1

-1.7-3.2+1.6-3.0+1.3

+1.3-2.2+3.4-2.3+3.5

15d

-14.4-9.5-4.9-9.1-5.3

-17.6pendingpending-7.4-10.2

—————

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 102Pending

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

AI summary

Solarworld Energy Solutions' wholly-owned subsidiary ZNShine Solarworld has received a purchase order from a leading domestic renewable energy player for 96,000 G12R 625 Wp solar panels. Basic order value is Rs. 75.00 crore, total value Rs. 78.75 crore inclusive of 5% IGST. Order is domestic with no related party interest.

Likely market impact

Positive - new domestic order strengthens order book and revenue visibility for the subsidiary.