Saatvik Green at new high

about 2 days ago

A strong newsmaker today is Saatvik Green Energy. The stock hit a new high and its 10% UC of the day at Rs.551.40 and is now trading at Rs.549 levels. This resurgence in the stock is after the company reported a robust set of numbers for the quarter ended June 2025 (Q1FY26), signalling sustained growth momentum in India’s solar and clean-energy segment.

The company’s Q1FY26 results showed healthy revenue growth – up 272% (YoY) at Rs.916 crore, supported by higher module sales and capacity utilization improvements at its Haryana and Gujarat plants.
Operating margins expanded on the back of lower polysilicon costs and improved scale efficiency, while net profit rose sharply to Rs.119 crore v/s Rs.21 crore.

Market participants attributed today’s surge to the better-than-expected operating performance, coupled with the company’s increasing visibility in India’s solar manufacturing ecosystem.

533.90 (-17.50)