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Saatvik Green Energy Share Price Surges on Securing ₹476 Crore Solar PV Module Order

Written by: Team Angel OneUpdated on: 13 Aug 2026, 10:25 pm IST
Saatvik Green Energy's material subsidiary has secured a ₹476 crore order from Vikran Engineering for the supply of solar photovoltaic modules, to be executed by March 2027.
Saatvik Green Energy Share Price Surges
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Saatvik Green Energy Ltd. has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted an order worth ₹476 crore from Vikran Engineering Limited for the supply of Solar PV Modules, as per the exchange filings.  

₹476 Crore Solar Module Order 

The order covers the commercial supply of solar photovoltaic modules and has been awarded by Vikran Engineering, a domestic entity. The total order value stands at ₹476 crore.   

Order to Be Executed by March 2027 

According to the company's disclosure, the order is scheduled to be executed by March 2027. The contract therefore provides visibility for the company's solar module manufacturing and supply operations over the coming months.  

The order strengthens Saatvik Green Energy's solar module business through its material subsidiary, Saatvik Solar Industries. The company will supply the required PV modules under the commercial arrangement with Vikran Engineering.  

Read More: IPO Alert: Muthoot Fincorp Files DRHP with SEBI to Raise Funds! 

Saatvik Energy Share Price Performance 

As of August 13, 2026, at 3:30 PM, Saatvik Green Energy share price closed at ₹441.70 per share, reflecting a surge of 1.46% from the previous trading session. 

Conclusion 

The ₹476 crore order adds to Saatvik Green Energy's solar PV module supply pipeline and provides execution visibility through March 2027. The order was received by its material subsidiary from a domestic customer and does not involve a related-party transaction.   

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 13, 2026, 4:55 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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