Saatvik Green Energy Shares Surge Over 8% After Rs 707 Crore Solar Order Wins

Robust contract wins bolster stock to record highs, signaling strong solar sector growth momentum.

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Saatvik Green Energy Shares Surge Over 8% After Rs 707 Crore Solar Order Wins

Saatvik Green Energy Shares Surge Over 8% After Rs 707 Crore Solar Order Wins
Saatvik Green Energy surged to a record ₹499 after winning two solar PV module orders totaling ₹707 crore, marking its first major deals since listing. The contracts strengthen Saatvik’s order pipeline and highlight rising domestic solar demand amid India’s push for renewable capacity expansion. Analysts said the company’s rapid revenue and profit growth reflects strong execution capability and positions it as an emerging player in India’s solar manufacturing ecosystem.
Companies:
  • Saatvik Green Energy
Tags:
  • Saatvik Green Energy
  • solar energy