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Saatvik Green Energy jumps 2.85% as subsidiary secures Rs 297.5 crore solar PV module supply order
03-Sep-2026, 02:07

Saatvik Green Energy Ltd. is up 2.85% to Rs 429.15, extending recent gains of 0.18% over the last week.

Saatvik Green Energy Limited announced that its material subsidiary, Saatvik Solar Industries Private Limited, has secured an order worth Rs 297.5 Crores from two domestic Independent Power Producer/EPC players for the supply of Solar PV Modules. The order, which is expected to be executed by March 2027, represents a significant commercial development for the company and is being made at arm’s length, with no related party interest. This intimation was disclosed on September 3, 2026, in accordance with SEBI Listing Regulations.

Trading volume reached 95748 shares today, a surge of 106.32% compared to the average volume over the last one week. Saatvik Green Energy Ltd. remained flat year-over-year, outperforming the NIFTY50 index's 2.71% loss.