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  1. Saatvik Green Energy shares rise up to 10%; here's how Waaree Energies, other renewable power stocks performing

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Saatvik Green Energy shares rise up to 10%; here's how Waaree Energies, other renewable power stocks performing

Journalist Kamal Joshi, former Republic TV and latestly editor, now associated with Upstox

2 min read | Updated on April 10, 2026, 10:03 IST

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SUMMARY

Saatvik Green Energy's material subsidiary, Saatvik Solar Industries Private Limited, bagged an order worth ₹108.75 crore from renowned independent power producers/EPC players for solar PV modules.

Gurgaon-based Saatvik Green Energy is engaged in manufacturing solar photovoltaic modules. | Image: Shutterstock

Gurgaon-based Saatvik Green Energy is engaged in manufacturing solar photovoltaic modules. | Image: Shutterstock

Shares of solar panel manufacturer Saatvik Green Energy rose as much as 10% on Friday, April 10, after the company secured an order worth ₹108.75 crore.

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Intraday, the stock advanced up to 9.98% at ₹462.45 apiece on the National Stock Exchange (NSE). At 9:57 am, it was trading 6% higher at ₹445.65.

The stock has advanced 10.95% in the past week, while it has gained 29.50% in a month.

In an exchange filing on April 9, the company stated that its material subsidiary, Saatvik Solar Industries Private Limited, bagged an order worth ₹108.75 crore from renowned independent power producers/EPC Players to solar PV modules.

The domestic order will be executed by September 2026.

Here's how other renewable energy stocks are performing

Shares of Waaree Energies are trading 0.56% higher at ₹3,250.5 per unit on the NSE. On April 6, the company said that its wholly-owned unit Sangam Solar One Pvt Ltd has established four solar module line manufacturing facilities, with an annual capacity of 750 MW each totalling to 3000 MW per annum capacity at its Gujarat factory.
Adani Green Energy's stock is trading at ₹1,062.5 per unit, reflecting an increase of 1.72%, on the NSE. On Wednesday, Adani Renewable Energy Middle East Ltd, the company's wholly-owned subsidiary, signed a joint venture agreement with Minerva Holding RSC Ltd for Minerva Renewables Holding RSC Limited.

Before that, the Adani Group firm said that it has added 5 GW+ (5,051 MW) of renewable energy capacity in the fiscal year 2026, taking its total operational portfolio to 19.3 gigawatts (GW).

Adani Green will declare its earnings for the quarter ended March 31, 2026, on April 24.

Shares of NTPC Green Energy are trading at ₹97.50, up 1.40%, on the NSE. Last month, it had signed a Memorandum of Understanding, or MoU, with PTC India for exploring the possibilities of power sale of renewable energy to PTC India through bilateral arrangements and other market mechanisms.


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About The Author

Journalist Kamal Joshi, former Republic TV and latestly editor, now associated with Upstox
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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