Introduction:
A prominent green energy stock secured a ₹1.73 crore work order from NTPC Vidyut Vyapar Nigam Limited on March 26, 2025, for a 500 KW rooftop solar project at IGM Noida, reinforcing its presence in the renewable energy sector.
Share Price movement of Solarium Green Energy:
On March 27, 2025, Solarium Green Energy Ltd opened at ₹235.50, reached a high of ₹245.35, up 3.5% from its previous close of ₹235.00, with a low of ₹235.50. The stock is currently trading at ₹236.40, with a market cap of ₹492.88 Crores.
Solarium Green Energy share price rise:
Solarium Green Energy Limited received a work order at ₹1.73 crore (approx.) excluding GST from NTPC Vidyut Vyapar Nigam Limited on March 26, 2025, for developing a 500 KW grid-connected rooftop solar project at IGM Noida, as per the September 2024 bid document.
Supply of plant and equipment transportation, insurance, etc. is a part of the project. The duration will total 120 days. The project includes also delivery, installation, civil works, and safety measures. Contract conditions stipulate that the full facility should be completed 120 days after notification of award (i.e., within the time stipulated in the tender).
Moreover, the order incorporates a service contract for wide operation and maintenance of the 500 KW solar plant for a term of 10 years after commissioning. It is expected that this contract will expand the company’s client base and have a significant positive impact on the further profitability of the company.
Ace investor holding of Solarium Green Energy:
Nitinbhai Ramshibhai Bhatia holds 600,000 shares, reflecting a 2.88% stake in the company. At the current market price of ₹238.10, his total holding is valued at approximately ₹14.29 crore, indicating strong conviction in the company’s green energy prospects.
Amit Saxena owns 487,528 shares, representing a 2.34% stake in Solarium Green Energy. With the stock priced at ₹238.10, the value of his investment stands at around ₹11.61 crore, showing his confidence in the renewable energy sector’s long-term growth potential.
Stock performance of Solarium Green Energy for Period of 1 week:
Solarium Green Energy stock showed a minor dip in its recent performance, declining by 0.44% over the past week. This slight fall reflects short-term fluctuations in investor sentiment, although the company’s latest order win may influence its trajectory in the upcoming sessions.
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Shareholding pattern of Solarium Green Energy:
| Summary | Feb 13, 2025 |
| Promoter | 57.80% |
| FII | 5.00% |
| DII | 7.50% |
| Public | 29.70% |
About Solarium Green Energy:
Solarium Green Energy Ltd (BSE : 544354) is a renewable energy company focused on developing solar power solutions, including rooftop and ground-mounted projects. It offers EPC services, operations, and maintenance, contributing to India’s clean energy goals through sustainable and efficient solar energy infrastructure across various regions.
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.
