# Saatvik Green Energy shares jump on Rs 190 crore order win 2026-08-21T01:54:20+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets (3 source reports) Shares of Saatvik Green Energy rose 4.5% to Rs 419 on Friday, their biggest single-day gain in over a month, after its subsidiary Saatvik Solar Industries secured a Rs 190 crore order for solar PV modules from an independent power producer. This is the company's second major order in weeks, following a Rs 476 crore order from Vikran Engineering last week. For the quarter ended June 2026, Saatvik Green Energy reported consolidated gross sales of Rs 511 crore, down 44% year on year, and a 95% drop in net profit to Rs 5.36 crore. Management attributed the weak performance to geopolitical issues, inflation, and uncertainty over ALMM-II implementation. BusinessToday.in reports brokerages Motilal Oswal and Ambit Capital see over 25% upside, citing a strong order book of 6.35 GW and plans to expand in-house cell manufacturing. Despite the weak quarter, the company's debt-to-equity ratio improved to 0.99 times, and its order book grew. Saatvik also signed an MoU with IPICOL to set up a 3.6 GW solar cell facility in Odisha. However, Livemint notes the stock remains 14% below its issue price and 29% below its post-listing high. ## Indian Opinion Analysis All three sources report the same financial results and order news, but their framing differs in emphasis. BusinessToday.in leads with brokerages' bullish forecasts and a five-year growth trajectory, downplaying the 95% profit crash as a near-term blip. Livemint's two articles lead with the stock's volatility and its persistent discount to the issue price, highlighting investor caution. Both omit any critical scrutiny of the management's excuses or the sustainability of the order book. The measured read: the company's revenue and profit have grown strongly over five years, but the quarterly crash is severe and the stock has yet to regain investor confidence. Watch the Q2FY27 volumes and cell plant commissioning for a sign of recovery. ## Coverage Coverage: 3 sources, 3 neutral - businesstoday.in (neutral report) Leads with brokerage upside calls, but reports factual financials without editorialising - livemint.com (neutral report) Leads with order news and stock volatility, reports financials without slant - livemint.com (2) (neutral report) Leads with share price jump and lists risks, reports without advocacy This story was synthesised by AI from the 3 sources linked above. Updated: this story now draws on 3 sources. Last updated 2026-08-21T16:31:27+00:00. Tags: Ambit Capital, Motilal Oswal, Saatvik Green Energy Canonical: https://indianopinion.org/saatvik-green-energy-shares-brokerages-see-25-upside/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/saatvik-green-energy-shares-brokerages-see-25-upside/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/