Scoda Tubes gets GEDA approval for 3.9 MW ground-mounted solar project in Gujarat
News by Aliceblue News Desk
20 Feb 2026
Introduction
Leading industrial firm receives approval to set up a 3.9 MW ground-mounted solar project in Gujarat, generating 77,40,738 KWH annually and providing significant captive electricity savings.
Share price movement of Scoda Tubes
On February 20, 2026, Scoda Tubes Ltd opened at ₹139.00, up 0.07% from its previous close of ₹138.90. The stock reached a high of ₹140.70 (1.26%) and a low of ₹136.00 (-2.05%). By 2:40 PM, it traded at ₹139.40, a 0.36% increase, with a market cap of ₹835.13 crore.
Scoda Tubes Gets Solar Approval
Scoda Tubes Limited received approval from Gujarat Energy Development Agency to set up a 3.9 MW (AC)/4.99 MW (DC) ground-mounted solar project in Mudana, Patan district, Gujarat.
The project will generate an average of 21,207.5 KWH daily and 77,40,738 KWH annually. It is planned for captive consumption under Gujarat Integrated Renewable Energy Policy-2025.
The estimated project cost is ₹17.98 crore. Daily electricity savings are projected at ₹1,33,607, and yearly savings are ₹4.87 crore. Construction will follow approved policy and regulations.
Stock performance of Scoda Tubes for period of 1 week, 6 months, and 1 year
Scoda Tubes Ltd delivered a 1.28% return over the past week, gained 1.54% over the past month, and declined 18.6% in the past six months.
Also Read: NCC shares in focus as NHAI bars firm from tenders for 2 years
Shareholding pattern of Scoda Tubes
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 66.40% | 66.40% | 66.40% |
| FII | 8.00% | 7.80% | 8.10% |
| DII | 7.40% | 6.90% | 7.90% |
| Public | 18.10% | 18.90% | 17.60% |
About Scoda Tubes
Scoda Tubes Ltd (NSE: SCODATUBES), established in 2008 in Gujarat, manufactures stainless steel pipes and tubes, including seamless, welded, and U-tube variants for industrial applications.
Stay Ahead with the Latest Stock Market Updates – Click Here
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 Scoda Tubes Ltd share price rising today?
A: Scoda Tubes Limited gets approval for 3.9 MW ground-mounted solar project in Gujarat, generating 77,40,738 KWH annually for captive consumption.
Q: What is Scoda Tubes Ltd’s main business focus?
A: Scoda Tubes Ltd specializes in manufacturing stainless steel pipes and tubes, including seamless, welded, and U-tube variants for industrial applications.
Q: What are the 52-week high and low of Scoda Tubes Ltd stock?
A: The 52-week high of Scoda Tubes Ltd stock is ₹230.80, and the 52-week low is ₹127.50.
News Author
Aliceblue News Desk
