Saatvik Green rises as its arm starts commercial production of solar PV modules at Gopalpur facility
Saatvik Green Energy is currently trading at Rs. 361.10, up by 1.05 points or 0.29% from its previous closing of Rs. 360.05 on the BSE.
The scrip opened at Rs. 355.25 and has touched a high and low of Rs. 362.85 and Rs. 355.25 respectively. So far 239 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 551.80 on 06-Nov-2025 and a 52 week low of Rs. 329.70 on 09-Mar-2026.
Last one week high and low of the scrip stood at Rs. 370.50 and Rs. 339.55 respectively. The current market cap of the company is Rs. 4589.76 crore.
The promoters holding in the company stood at 75.99%, while Institutions and Non-Institutions held 11.25% and 12.75% respectively.
Saatvik Green Energy’s wholly owned and material subsidiary -- Saatvik Solar Industries (SSIPL) has commenced commercial production of solar photovoltaic (PV) modules at its manufacturing facility located at National Highway-16, Chamakhandi, Gopalpur Industrial Park, Gopalpur, District Ganjam, Odisha (Gopalpur Facility) with effect from November 2, 2026.
The commercial production has commenced under Phase I of the project, with a production capacity of approximately 1.3 GW of solar PV modules. The remaining capacity is proposed to be commissioned in subsequent phases. The commencement of production at the Gopalpur Facility marks a significant milestone in the company’s manufacturing expansion plans and is expected to strengthen its production capabilities, enhance operational scale, and support the company's future growth as the remaining phases of the project are implemented.
