This Solar stock is in the business of providing EPC and solar power project operations, and offering solar energy solutions on a BOOT basis, surged upto 3 percent from the day’s low after MoU with Assam Govt. for Rs. 500 crore investment in Solar & Battery Energy.
Price Movement
In Friday’s trading session, Oriana Power Ltd‘s share price touched a day’s low of Rs. 1,227.65, which was down by 4.99 percent. The share price surged by 2.5 percent after the exchange filing. It increased from its day low and was trading at Rs. 1,260, which is 2.50 percent lower than the previous closing price of Rs. 1,292.25.
In the past year, the stock has delivered a return of around 49 percent and has outperformed the Nifty Index.
What happened
The company’s stock was in focus after Oriana Power Limited entered into a Memorandum of Understanding (MoU) with the Government of Assam’s New and Renewable Energy Department during the Investment and Infrastructure Summit 2025 held in Guwahati, Assam.
The project is related to Solar and Battery Energy Storage Systems (BESS) with an investment value of Rs. 500 crore in Kamrup District, Assam. This MoU signifies the intent of both parties, formal agreements, and regulatory approvals and is to be sought in due course.
Financials Overview
Their H1FY25 results show revenue from operations of Rs. 359.54 crore which increased by 461.34 percent year on year, from Rs. 64.05 crore in H1FY24. Their net profit increased by 749.47 percent year on year, from Rs. 5.72 crores in H1FY24 to Rs. 48.59 crores in H1FY25.
Business Segments & its pipeline
The company has earned its operational revenue from the EPC Model segment, which contributed around 97.72 percent, and the remaining 2.28 percent from Resco Model as of First Half of FY25. Oriana Power makes most of its operating profit from the EPC segment.
This Solar company has a business pipeline of Solar (EPC & RESCO) projects comprising more than 1,500 MW, 300 MWh of BESS projects and 50,000 MTPA of Green Hydrogen projects as per the recent Investors presentation.
Company Overview & Order Book Value
Oriana Power Limited was established in 2013, which specializes in solar energy solutions for industrial and commercial clients. It operates through CAPEX and RESCO models, offering innovative renewable energy solutions across India and Africa. The order book is around Rs. 1,758 crores as of December 2024 as per the recent Crisil Report.
Written by Santhosh S
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