Insolation Energy Shares Rise as Subsidiary Bags Rs 516.05 Crore Solar Orders

Mumbai, December 3 (Udaipur Kiran): Insolation Energy was trading at Rs. 138.35 on the BSE, up by 0.90 points or 0.65 per cent from its previous close of Rs. 137.45.

Insolation Energy

The stock opened at Rs. 139.00 and touched a high of Rs. 139.85 and a low of Rs. 136.50 during the session. So far, 48,500 shares have been traded on the counter.

The BSE Group ‘M’ stock, with a face value of Rs. 1, has touched a 52-week high of Rs. 417.00 on December 3, 2024, and a 52-week low of Rs. 134.35 on December 2, 2025. Over the past one week, the stock has traded between Rs. 134.35 and Rs. 145.00. The company’s current market capitalisation stands at Rs. 3,019.41 crore.

Promoters hold 66.10 per cent stake in the company, while institutional and non-institutional investors hold 1.34 per cent and 32.55 per cent respectively.

Insolation Energy’s wholly owned subsidiary, Insolation Green Energy, has secured sales orders worth Rs. 516.05 crore, inclusive of GST. Out of this, the subsidiary has received a purchase order worth Rs. 357 crore, including GST, for the supply of Solar PV Module N-Type TOPCon from a well-known Independent Power Producer (IPP) company.

In addition, Insolation Green Energy has also bagged purchase orders aggregating to Rs. 159.05 crore, inclusive of GST, for the supply of Solar PV modules to various companies for their projects under the PM KUSUM scheme at different locations in Andhra Pradesh. These orders are scheduled to be executed during the financial years 2025–27.

Insolation Energy is a national solar energy provider with a product portfolio covering poly and mono crystalline modules, along with advanced solutions such as Twin Power, Dual Glass (Glass-to-Glass), BIPV, Poly, Mono and Mono PERC modules.

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