Gujarat Inject Kerala Secures ₹14.49 Crore Solar Module Order; Shares Rise 5%

Mumbai, June 15: Gujarat Inject Kerala has secured a purchase order worth ₹14.49 crore from Deon Energy for the supply of Solar PV modules, according to a media release submitted to the exchanges.

The order involves supply of 16,129 Solar PV modules with 620 WP capacity. The contract value is exclusive of GST, the company said.

Gujarat Inject Kerala noted that the latest order strengthens its growing presence in the renewable energy and solar solutions segment, where it has been expanding operations over the past few quarters.

The company added that the order forms part of a broader pipeline of Solar PV module contracts secured during FY26 from customers including Earthwave Technology, Perfect Rotek and Surja Infra.

Management said the Deon Energy order will further strengthen execution visibility and support the company’s clean energy business expansion strategy.

Executive Director Deepak Diwan Bachwani said the order reflects growing customer confidence in the company’s solar capabilities and supports its long-term focus on building a scalable renewable energy platform.

The company is also in the process of rebranding as Regenova Renewtech Ltd as part of its transition toward future-focused renewable and clean energy businesses.

Stock Market Snapshot

Gujarat Inject Kerala share price rose sharply after the company announced the fresh solar order.

As of 10:54 AM IST on June 15, 2026, shares of Gujarat Inject Kerala Ltd were trading at ₹124.95 on the BSE, up 5% from the previous close of ₹119.00.

The stock hit the upper circuit limit in early trade as investors reacted positively to the order inflow and the company’s increasing exposure to the renewable energy segment.

The Gujarat Inject Kerala share price has remained active in recent sessions amid a series of solar-related announcements and improving financial performance.

Company Background

Gujarat Inject Kerala Ltd operates in the renewable energy and solar solutions segment, with a focus on Solar PV modules and related clean energy businesses.

The company has been expanding its renewable energy operations while also strengthening financial performance. According to the release, revenue from operations during Q4FY26 rose to ₹30.70 crore from ₹4.24 crore in the year-ago quarter.

Net profit for the quarter increased to ₹1.81 crore from ₹0.02 crore a year earlier, while earnings per share improved to ₹1.24 from ₹0.70.

The company said rising policy support, growing solar infrastructure investments and increasing clean energy demand continue to create long-term opportunities for the sector.

Conclusion

The ₹14.49 crore Solar PV module order adds to Gujarat Inject Kerala’s growing renewable energy order book and reinforces its expansion into solar infrastructure.

With multiple solar contracts secured during FY26 and a planned rebranding exercise underway, the company appears to be positioning itself more aggressively within India’s fast-growing clean energy market.

Source:

• https://www.bseindia.com/stock-share-price/gujarat-inject-kerala-ltd/gujinjec/524238
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/c3132cbf-47b8-4a9d-a63f-0163d7e1358f.pdf