Subsidiary Solex Green wins Rs 180.98 crore solar module order

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SOLEX · price

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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

+0.2%Reaction day

₹688.95

prior close

₹676.30

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-1.1% vs market

Other Electrical Equipment peers, median of 51sector+0.6%-0.4% vs sector

On the reaction day the stock moved 1.1 pts less than 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

+2.0

10m

+2.1

15m

+1.9

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2+1.3-1.1+0.6-0.4

Next day

-2.0+1.1-3.1+0.1-2.1

-5.2-1.7-3.5-1.8-3.4

-6.3-1.5-4.8-1.3-5.0

-8.4-0.6-7.8-1.6-6.8

-6.1-0.4-5.6-0.2-5.9

-7.8-1.4-6.4-0.0-7.8

15d

-20.4-6.0-14.3-8.0-12.4

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 51Pending

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

AI summary

Solex Energy's subsidiary Solex Green Energy has secured a work order worth Rs 180.98 crore (incl. taxes) from a domestic entity in the power and electricity sector. The order is for supply of TopCon Bifacial G2G Solar PV Modules, scheduled for execution by January 2027. It is a domestic order with no related party involvement or promoter interest.

Likely market impact

Positive for revenue visibility at subsidiary level. Execution by Jan 2027 supports near term topline. Customer identity undisclosed.