Solex Energy Secures Rs 42.47 Cr Solar PV Module Order
By ThePip Desk
Solex Energy’s shares surged 2.84% after winning a Rs 42.47 crore domestic order for N-Type TOPCON solar PV modules, boosting its market performance.
Solex Energy shares surged today, climbing 2.84% following the announcement of a new work order. The company has secured an order worth approximately Rs 42.47 crore, including taxes, from a domestic power sector firm.
This significant contract is for the manufacture and supply of N-Type TOPCON 620Wp-Glass-to-Glass (G12R) solar PV modules. The execution of this order is slated for completion by October 2026.
Order Details and Trading Metrics
- New Order Value: Rs 42.47 crore (including taxes)
- Product: N-Type TOPCON 620Wp-Glass-to-Glass (G12R) solar PV modules
- Execution Deadline: October 2026
- Current Trading Price: Rs. 910.00
- Daily Gain: 2.84% (up 25.10 points)
- Previous Close: Rs. 884.90
- Opened At: Rs. 899.90
- Intraday High: Rs. 935.00
- Intraday Low: Rs. 898.90
- Shares Traded: 3830
The stock touched an intraday high of Rs. 935.00, matching its 52-week high recorded on August 14, 2026. Its 52-week low stood at Rs. 865.30 on August 13, 2026, with a one-week high also at Rs. 935.00.
Company Financials and Holdings
- 52-Week High: Rs. 935.00 (14-Aug-2026)
- 52-Week Low: Rs. 865.30 (13-Aug-2026)
- Current Market Capitalisation: Rs. 1000.53 crore
The company’s promoter holding stands at 66.15%. Institutional investors hold 0.58%, while non-institutional investors account for 33.26% of the shareholding.
Solex Energy specialises in renewable energy solutions, including the manufacturing of solar photovoltaic modules, solar home lights, and solar power plants. This new order follows a previously secured work order worth Rs 628.37 crore.
These successive work orders underscore Solex Energy’s strong position and continued growth trajectory within India’s expanding renewable energy sector, reinforcing its manufacturing capabilities and market presence.