Suratwwala Business Group rallies 15% after its arm bags 15 MW solar EPC order from Bondada EngineeringSuratwwala Business Group rallies 15% after its arm bags 15 MW solar EPC order from Bondada Engineering

Introduction

Leading renewable energy EPC player subsidiary secured 15 MW solar project order from Bondada Engineering under Maharashtra MSKVY 2.0 scheme with ₹19 crore value.

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Share price movement of Suratwwala Business Group

On April 10, 2026, Suratwwala Business Group Ltd opened at ₹31.60, up 8.97% from its previous close of ₹28.98. The stock reached a high of ₹33.30 (14.88%) and a low of ₹29.99 (3.49%). By 12:43 PM, it traded at ₹31.70, a 9.39% increase, with a market cap of ₹549.73 crore.

Suratwwala Wins Solar EPC Order

Suratwwala Natural Energy Resource Private Limited, subsidiary of Suratwwala Business Group Limited, received EPC order for 15 MW AC solar project from Bondada Engineering Limited under Maharashtra MSKVY 2.0 scheme.

The contract includes design, engineering, supply excluding PV modules, erection, testing and commissioning. The cumulative project capacity reaches 45 MW AC under ground mounted solar PV technology.

The order value is about ₹19 crore excluding GST. The project execution timeline is 12 months with agreed work schedule. Contract was executed on April 8, 2026, with guarantees applicable.

Stock performance of Suratwwala Business Group for period of 1 week, 6 months, and 1 year

Suratwwala Business Group Ltd delivered a 1-week return of 32.4%, a 6-month return of -13.1%, and a 1-year return of -24.6%.

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Shareholding pattern of Suratwwala Business Group

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	73.40%	73.40%	73.40%
FII	0%	0%	0%
DII	0.00%	0.00%	0.00%
Public	27%	27%	26.60%

About Suratwwala Business Group

Suratwwala Business Group Ltd (NSE: SBGLP) is engaged in real estate construction, commercial and IT parks, rental properties, solar power generation and related auxiliary services.

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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.

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