Solex Energy shares surge 7% following major Rs 29 crore order from Zodiac Energy

Solex Energy Limited has seen a significant 7% jump in its stock price following the announcement of a major work order from Zodiac Energy Limited.

The order, valued at ₹29,00,82,900 (approximately ₹29 crore), is for the supply of 20 MW of Solex Bifacial PERC Solar Modules. This exciting development signals a major milestone for Solex Energy and underscores its growing presence in the renewable energy sector.

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Key Details of the Solex Energy Order:

  • Order Value: ₹29,00,82,900 (approx. ₹29 crore)
  • Product: 20 MW of Solex Bifacial PERC Solar Modules
  • Execution Timeline: Delivery to be completed within 3 months
  • Awarding Entity: Zodiac Energy Limited, based in Ahmedabad

Solex Energy shares experienced fluctuations today, opening at ₹1,497 and reaching a high of ₹1,620. The stock’s low for the day was ₹1,493.05. Over the past 52 weeks, the stock has ranged from a low of ₹332 to a high of ₹1,786.70. The previous close stood at ₹1,503.85.

As of 11:00 am, Solex Energy shares were trading 4.07% higher at Rs 1565.00 on the NSE.

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