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Saatvik Green Energy’s shares rose after its subsidiary won ₹707.62 crore in repeat solar module orders for delivery in 2026.
Saatvik Green Energy’s shares rose over 4.5% after its subsidiary, Saatvik Solar Industries, won ₹219.62 crore in solar PV module orders from three Indian Independent Power Producers and EPC firms, with the parent company securing an additional ₹488 crore in orders.
The combined ₹707.62 crore contracts, all repeat deals, are set for delivery in fiscal year 2026.
The company, a key player in India’s renewable energy sector, emphasized strong market confidence, with its stock up 12.36% year-to-date.
The orders do not involve related-party transactions, and the company continues to expand its order book amid rising demand for solar infrastructure.
Las acciones de Saatvik Green Energy subieron después de que su subsidiaria ganara ₹ 707.62 crore en pedidos repetidos de módulos solares para su entrega en 2026.