Saatvik Green Energy Gains Focus Following Securing 171-Crore Solar Module Contract

Saatvik Green Energy Secures Rs 171.45 Crore Order for Solar PV Modules

Saatvik Green Energy shares are likely to remain in focus on May 27 after the company secured an order worth Rs 171.45 crore for the supply of solar PV modules. The order has been received from a renowned independent power producer (IPP) and EPC player, and is scheduled to be executed by October 2026.

The company has shown a strong performance in the fourth quarter, with net profit surging 75 percent to Rs 1,607.65 crore, compared to Rs 918.93 crore in the corresponding period last year. This significant increase in net profit is a testament to the company's growing success in the renewable energy sector.

In the previous trading session, the stock settled at Rs 453.95, gaining Rs 8.30 or 1.86 percent. Despite this gain, the stock is still trading below its 52-week high. The stock touched a 52-week high of Rs 580 on October 15, 2025, and a 52-week low of Rs 329.70 on March 9, 2026. It is currently trading 21.73 percent below its 52-week high and 37.69 percent above its 52-week low.

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The company's market capitalisation stands at Rs 5,769.93 crore, indicating a significant presence in the Indian stock market. With this new order, Saatvik Green Energy is likely to continue its growth trajectory in the renewable energy sector.