Solex Energy share surges 4% on securing ₹29-crore solar module order

Shares of Solex Energy rose 3.93 per cent to ₹1,562.90 on the NSE at 1.55 pm today after the company announced that it has secured a ₹29 crore order from Zodiac Energy for the supply of solar PV modules.

According to its stock exchange filing, the contract entails supplying 20 MW Solex Bifacial Perc Solar Modules to Zodiac Energy, with completion scheduled within three months as per the agreement terms.

Solex Energy specialises in renewable energy solutions, manufacturing, distributing, and installing solar photovoltaic modules, home and streetlights, lanterns, power plants, solar inverters, water heating systems, and wood-fired water heaters. The company also provides solar rooftop system solutions.