Saatvik Green Energy Hits 52-Week High on Rs 707 Crore Orders

The rally in Saatvik Green Energy’s stock price came immediately after the company disclosed through regulatory filings that it had received and accepted orders totaling Rs 707 crore for solar PV modules. The company’s material subsidiary, Saatvik Solar Industries Private Limited, secured orders worth Rs 219.62 crore from three renowned independent power producers and EPC contractors. Additionally, the parent company obtained separate orders aggregating Rs 488 crore from other prominent players in the power sector, with all contracts scheduled for execution during Fiscal Year 2026.

This substantial order book provides clear revenue visibility for the coming fiscal year and demonstrates the market’s confidence in Saatvik’s manufacturing capabilities. The timing of these orders coincides with India’s accelerated push toward renewable energy adoption, positioning Saatvik Green Energy to capitalize on the growing demand for solar infrastructure. The company’s ability to secure such significant contracts from established industry players reflects its competitive positioning and product quality in the increasingly crowded solar market.

Saatvik Green Energy has established itself as a leading manufacturer of high-quality solar PV modules, with a diverse product portfolio that includes MonoPERC, Bifacial, and N-TopCon solar modules tailored for residential, commercial, and utility-scale applications. The company’s track record includes delivering over 500 high-efficiency solar PV modules across global and domestic markets, building a reputation for quality and innovation in solar technology.

As part of its ambitious expansion strategy, Saatvik plans to establish an integrated cell and module manufacturing facility in Odisha. The project includes developing a 4.8 GW per annum solar cell manufacturing unit by FY27 and a 4 GW per annum solar PV module plant by FY26. This expansion will significantly enhance the company’s production capacity and strengthen its position as a key player in India’s renewable energy sector, potentially reducing import dependency and improving cost efficiencies through vertical integration.

The market response to Saatvik’s order announcements was immediately positive, with shares reaching Rs 483 during trading on the National Stock Exchange of India (NSE) – a 52-week high for the company. By 11:35 am, the stock was trading 4.34% higher at Rs 479.95, reflecting sustained investor confidence throughout the trading session. This performance significantly outpaced broader market indices, highlighting the specific positive sentiment around Saatvik’s business prospects.

Looking ahead, the company’s Board of Directors is scheduled to meet on October 8, 2025, to evaluate and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2025. These results will provide further insight into the company’s operational performance and financial health as it prepares to execute its substantial order book. The combination of near-term revenue visibility through the Rs 707 crore orders and long-term growth potential from the Odisha expansion project positions Saatvik Green Energy for sustained growth in India’s rapidly expanding renewable energy landscape.