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Sahaj Solar jumps 6.5% after bagging ₹63.5 Cr Maharashtra solar pump contract

News by Aliceblue News Desk

29 Apr 2026

Sahaj Solar jumps 6.5% after bagging ₹63.5 Cr Maharashtra solar pump contract

Introduction

Leading solar energy solutions provider secured ₹63.50 crore MSEDCL contract for solar water pumping systems under PM KUSUM B Scheme across Maharashtra districts.

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Share price movement of Sahaj Solar

On April 29, 2026, Sahaj Solar Limited opened at ₹156.00, up 1.73% from its previous close of ₹153.35. The stock reached a high of ₹163.00 (6.29%) and a low of ₹152.90. By 11:59 AM, it traded at ₹158.40, a 3.29% increase, with a market cap of ₹348.04 crore.

Sahaj Solar Bags MSEDCL Contract

Sahaj Solar Limited received a Letter of Empanelment and executed agreement with Maharashtra State Electricity Distribution Company for solar photovoltaic water pumping systems under PM KUSUM B Scheme in Maharashtra.

The ₹63.50 crore contract covers design, supply, installation, testing, commissioning, warranty, maintenance, and remote monitoring systems for 3 HP, 5 HP, and 7.5 HP solar pumps.

Stock performance of Sahaj Solar for period of 1 week, 6 months, and 1 year

Sahaj Solar Limited delivered a 1-week return of -0.55%, a 6-month return of -29.8%, and a 1-year return of -43.4%.

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Shareholding pattern of Sahaj Solar

ParticularsMar 2026Sep 2025Apr 2025
Promoter71.30%71.30%71.30%
FII0.00%0.00%0.00%
DII1.10%1.30%1.80%
Public27.60%27.40%42.70%

About Sahaj Solar

Sahaj Solar Ltd (NSE – SME: SAHAJSOLAR) manufactures solar energy products and provides EPC services for photovoltaic solar power projects across multiple capacities and locations.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Sahaj Solar Ltd share price rising today?

A: Sahaj Solar Ltd gained after securing ₹63.50 crore MSEDCL contract for solar water pumping systems under PM KUSUM B Scheme.

Q: What is Sahaj Solar Ltd’s main business focus?

A: Sahaj Solar Ltd manufactures solar energy products and provides EPC services for photovoltaic solar power plant projects across India.

Q: What are the 52-week high and low of Sahaj Solar Ltd stock?

A: Sahaj Solar Ltd stock touched a 52-week high of ₹290.90 and a 52-week low of ₹91.00.

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