Solar stock jumps 11% after receiving order worth ₹230 Cr for supply of solar modulesSolar stock jumps 11% after receiving order worth ₹230 Cr for supply of solar modules

Introduction:

Leading solar firm has secured a ₹230 crore domestic order for supplying solar modules, with project completion targeted by March 2026, as per regulatory filing under SEBI norms. The contract excludes GST and related party involvement.

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Share price movement of Alpex Solar:

On July 23, 2025, Alpex Solar Limited opened at ₹1,166.85, up 2.91% from its previous close of ₹1,133.80. The stock hit a high of ₹1,260.00 (11.12%) and a low of ₹1,156.00. By 12:31 PM, it was trading at ₹1,220.00, up 7.60%, with a market cap of ₹2,985.75 crore.

Alpex Solar Secures ₹230 Crore Solar Module Supply Order:

Alpex Solar Limited has announced the receipt of a work order worth ₹230 crore for the supply of solar modules. The order, excluding GST, was awarded by a leading industry player.

As per the regulatory filing, the order is domestic in nature and categorized as a commercial contract. The project is scheduled to be executed by March 2026, with Alpex Solar adhering to the terms specified in the work order.

Recent news on Alpex Solar:

As of May 15, 2025, Alpex Solar Ltd, in consortium with NVNR Power & Infra, secured a ₹350 crore EPC order and additional contracts worth ₹823.85 crore for PV modules and solar pumps.

Stock performance of Alpex Solar for Period of 1 week, 6 months, and 1 year:

Alpex Solar Ltd delivered a -4.57% return over the past week. It gained 66.6% in the past six months, while delivering a 35.2% return over the past year.

Also Read: Stock jumps 10% after receiving order worth ₹203 Cr for 281,128 tool kits

Shareholding pattern of Alpex Solar:

Particulars	Jun 2025	Mar 2025	Sep 2024
Promoter	68.80%	68.80%	68.80%
FII	1.70%	1.50%	0.70%
DII	0%	0.30%	0%
Public	29.30%	29.50%	30.10%

About Alpex Solar:

Alpex Solar Ltd (NSE Symbol: ALPEXSOLAR), incorporated in 2008, manufactures photovoltaic modules and offers comprehensive solar energy solutions, serving both commercial and residential sectors across India with a focus on sustainability and innovation.

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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.