Solex Energy Limited has informed the Exchange about Bagging/Receiving of orders/contracts

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SOLEX · price

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

-0.9%Reaction day

₹1120.00

prior close

₹1089.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.8%-0.0% vs market

Other Electrical Equipment peers, median of 43sector-0.5%-0.4% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.4 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

+5.8

10m

+6.2

15m

+7.5

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-0.8-0.0-0.5-0.4

Next day

-0.4-0.5+0.1-1.0+0.6

+3.4-0.6+3.9-1.0+4.4

+2.5-0.9+3.5-1.1+3.6

-0.5-2.3+1.8-2.6+2.1

-4.8-4.9+0.1-5.4+0.6

-6.3-4.2-2.1-6.6+0.3

15d

-8.9+0.8-9.7+1.5-10.4

-9.4+1.6-11.0+5.6-15.0

-12.1-7.2-4.9-3.4-8.7

+12.1-2.0+14.1+3.1+9.0

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 43Pending

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

AI summary

Solex Energy Limited has received a work order worth ₹276 crore (inclusive of all duties and taxes) from a renowned Independent Power Producer. The order is for the manufacture and supply of N-Type TOPCon 615 Wp and 620 Wp Glass-to-Glass (G12R) Solar PV Modules. The order is domestic in nature and is scheduled to be executed between February and May 2026. The company has confirmed there is no promoter or related party interest in the awarding entity, and the order is not a related party transaction.

Likely market impact

This is a sizeable order that, if executed on time, should meaningfully boost the company's near-term revenues and order book visibility. For a solar module manufacturer, bagging a large order from a major Independent Power Producer signals strong demand for its high-efficiency TOPCon products and could be viewed positively by the market.