Solarworld Energy Solutions stock surges 7% on ₹806 crore Gujarat Urja Vikas Nigam Limited order.

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CNBC Awaaz•09-12-2025, 15:58
Solarworld Energy Solutions stock surges 7% on ₹806 crore Gujarat Urja Vikas Nigam Limited order.
- •Solarworld Energy Solutions stock recovered sharply on Tuesday, gaining over 7% from its day's lows.
- •The recovery was due to the company securing a large order.
- •Solarworld signed a ₹806 crore, 12-year battery energy storage purchase agreement with Gujarat Urja Vikas Nigam Limited.
- •The order value is more than twice the company's free float market capitalization.
- •The recently listed stock closed at ₹293, up 2.6% for the day, after an initial decline.
Why It Matters: Big order causes Solarworld Energy Solutions' stock to sharply recover.
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