Alpex Solar shares jumped 4% in early trade after the company announced a major order win worth ₹230 crore. The order, placed by a leading industry player (name not disclosed), is for the supply of solar modules and is scheduled to be executed by March 2026.
In an exchange filing, Alpex Solar confirmed that the deal is a commercial order from a domestic entity and does not involve any related party transactions. The ₹230 crore order value is exclusive of GST.
The company stated this contract strengthens its position in the solar manufacturing space and highlights growing industry trust in its capabilities. While the name of the client remains confidential, the scale of the order reflects strong demand for solar solutions in India.
Following the news, Alpex Solar shares touched a high of ₹1,184.00, up from the previous close of ₹1,133.80. It currently trades close to its 52-week high of ₹1,213.90, while the 52-week low stands at ₹495.00.
This development adds further momentum to Alpex Solar’s growth story, as the company continues to expand its footprint in the renewable energy space.
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