Saatvik Solar Gets ₹108.75 Crore Order; Shares Rise 9.42%

Mumbai, April 10: Saatvik Green Energy Limited said its subsidiary, Saatvik Solar Industries Private Limited, has secured orders worth ₹108.75 crore for the supply of solar photovoltaic modules. 

The contracts have come from a group of independent power producers and EPC players operating in the domestic renewable energy space. The company has not disclosed specific client names, but described them as established participants in solar project execution, according to an exchange filing. 

The company has committed to completing execution by September 2026, giving a clear delivery window over the next few quarters. The disclosure has been made under Regulation 30 of SEBI Listing Regulations, aligned with the latest master circular dated January 30, 2026. 

Stock Market Snapshot 

Saatvik Green Energy share price saw a sharp uptick after the filing, with traders reacting quickly to the order size and execution clarity. 

The stock was at ₹460.05, up ₹39.60 or 9.42% as of 1:40 pm IST on April 10, 2026, as per exchange data. The move was supported by steady buying through the session, with the stock holding firm near its highs rather than giving up gains. 

Core Business Driven By Solar Demand 

Saatvik Green Energy Limited operates in the solar manufacturing segment, focusing on photovoltaic modules used across utility-scale and distributed solar installations. 

Its subsidiary, Saatvik Solar Industries Private Limited, anchors the manufacturing and supply chain side of the business. The company works closely with EPC contractors and power developers, positioning itself within the execution layer of India’s renewable expansion. 

As solar capacity additions continue to scale, module suppliers like Saatvik remain directly linked to project pipelines and tender flows. 

Order Adds Depth, But Execution Remains Key 

The ₹108.75 crore order strengthens the company’s near-term order book and provides revenue visibility through September 2026. It is a meaningful addition, though not transformational on its own. 

Timely delivery, margin management and further order inflows will determine whether the current momentum in Saatvik Green Energy share price sustains beyond the immediate reaction. 

Source: 

• https://www.nseindia.com/get-quote/equity/SAATVIKGL/Saatvik-Green-Energy-Limited 
• https://nsearchives.nseindia.com/corporate/SAATVIK_09042026183814_Intimationstxsigned.pdf