Mukul Agrawal buys 6,00,000 shares of this solar company; Stock jumps over 9% on October 10
DSIJ Intelligence-1 / 10 Oct 2025/ Categories: Mindshare, Trending
The stock is up by 78 per cent from its 52-week low of Rs 202 per share.
On Friday, shares of this Solar company jumped 9.1 per cent to Rs 360 per share from its previous closing of Rs 329.85 per share with a Spurt in Volume by more than 5 times on the BSE.
The sudden rise in the stock price was due to a Guru Investor, Mukul Agrawal took a fresh entry and bought 6,00,000 shares or a 2.88 per cent stake in the company as of September 2025, shareholding pattern.
The company has also secured Notification of Awards (NOAs) for Rooftop Solar PV Projects with a total capacity of approximately 5,996 kW and an aggregate value of around Rs 18.78 crore, significantly boosting its presence in the sector. The largest award, valued at roughly Rs 17.44 crore for a 5,546 kW project at GAIL-Raigad, Maharashtra, was granted by NTPC Vidyut Vyapar Nigam Limited (NVVN), with the remaining capacity distributed across smaller projects at various GAIL sites across several states. These contracts, which are under a single Rate Contract for EPC and include Supply, Service, and a 5-year O&M component, stipulate completion times of 180 days for the major project and 90 to 120 days for the smaller sites.
The solar stock name is Solarium Green Energy Ltd (SGEL)
About the Company
Solarium Green Energy Ltd (SGEL), established in 2018, operates as a comprehensive solar energy provider, delivering turnkey solutions that encompass the entire lifecycle of solar power plants, from design and procurement to Construction, commissioning, and ongoing operation and maintenance (O&M). Catering to a diverse clientele spanning residential, commercial, industrial, and governmental sectors, SGEL also distributes essential solar components such as PV modules, inverters, and meters, all while adhering to stringent quality and safety standards as evidenced by their BIS and ISO certifications (9001, 14001, 45001). Beyond installation, SGEL manages critical logistical and financial aspects and offers O&M services like panel cleaning, repairs, and system inspections for both public and private entities.
The company has a market cap of over Rs 700 crore. The shares of the company have a PE of 45x, an ROE of 23 per cent and an ROCE of 20 per cent. The stock is up by 78 per cent from its 52-week low of Rs 202 per share.
Disclaimer: The article is for informational purposes only and not investment advice.