Shares of Saatvik Inexperienced Vitality Ltd rallied 5%, hitting a 52-week excessive of Rs 483 on 8 October after the corporate introduced that it had obtained orders price Rs 707 crore.
Saatvik Photo voltaic Industries, the corporate’s subsidiary, has received an order for photo voltaic PV modules price Rs 219.62 crore from three well-known impartial energy producers/EPCs. The orders will probably be carried out in the course of the Fiscal Yr 26.
In its regulatory submitting, the corporate mentioned, “We want to inform you that our materials subsidiary, i.e., Saatvik Photo voltaic Industries Personal Restricted, has obtained and accepted an order aggregating to ₹219.62 crore from three famend Unbiased Energy producers/EPC for provide of photo voltaic PV modules.”
Moreover, the corporate obtained orders totalling Rs 488 crore from distinguished impartial energy producers/EPCs for the supply of photo voltaic PV modules, which will probably be accomplished in FY26.
The Board of Administrators of the corporate are set to satisfy on 8 October 2025 to guage and approve the standalone and consolidated unaudited monetary outcomes for the quarter ended 30 June 2025.
Saatvik Inexperienced Vitality is a number one producer of high-quality photo voltaic PV modules, devoted to advancing photo voltaic expertise for each home and worldwide markets.
The corporate’s various product portfolio consists of MonoPERC, Bifacial, and N-TopCon photo voltaic modules, tailor-made for residential, industrial, and utility-scale purposes. Since its inception, Saatvik has delivered over 500 high-efficiency photo voltaic PV modules throughout international and home markets, reinforcing its fame for high quality and innovation.
As a part of its growth technique, Saatvik plans to determine an built-in cell and module manufacturing facility in Odisha. The undertaking will embrace a 4.8 GW each year photo voltaic cell manufacturing unit by FY27 and a 4 GW each year photo voltaic PV module plant by FY26, strengthening its place as a key participant in India’s renewable power sector.
At 11:35 am, the shares of Saatvik Inexperienced have been buying and selling 4.34% larger at Rs 479.95 on NSE.
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