{"id":132979,"date":"2024-09-09T11:15:21","date_gmt":"2024-09-09T05:45:21","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=132979"},"modified":"2024-09-09T12:08:23","modified_gmt":"2024-09-09T06:38:23","slug":"solar-energy-stock-jumps-3-after-receiving-order-worth-7-cr-from-suzlon-energy","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/solar-energy-stock-jumps-3-after-receiving-order-worth-7-cr-from-suzlon-energy\/","title":{"rendered":"Solar energy stock jumps 3% after receiving orders worth \u20b9 7 Cr from\u00a0Suzlon Energy"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2100937818\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Solar Energy stock engaged in providing integrated engineering, procurement, construction, and commissioning services for solar, wind energy, and other projects jumped upto 3 percent in the day\u2019s trade upon receiving multiple work orders from Suzlon Energy Limited worth Rs. 7 Crores.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2012310805\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 394 Crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/WINSOL\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Winsol Engineers Limited<\/a><\/strong> were trading at Rs. 341.70 per equity share, up 0.30 percent from its previous day\u2019s close price of Rs. 340.90.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>Winsol Engineers Limited engaged in providing integrated engineering, procurement, construction, and commissioning services for both solar and wind power generation firms has received 2 new work orders from <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SUZLON\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Suzlon Energy Limited<\/a><\/strong> for a consideration of ~Rs. 7 Crores.\u00a0<\/p><p>The first work order is for completion of ETC (erection, stringing, liasoning, testing &amp; commissioning) including HOTO work of 220 KV S\/c on D\/c EHV transmission line of Kalavad &#8211; Khandhera to Jamjodhpur (Suzlon PSS) Line Gujarat for a consideration of Rs. 3.73 Crores.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2985441877\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><strong>Also Read: <a href=\"https:\/\/tradebrains.in\/features\/smallcap-stock-jumps-19-after-receiving-order-worth-1402-cr-from-ongc\/\" target=\"_blank\" rel=\"noreferrer noopener\">Smallcap stock jumps 19% after receiving order worth \u20b9 1402 Cr from ONGC<\/a><\/strong><\/p><p>The second work order is for the completion of civil and construction work of 220 KV S\/c On D\/c tower EHV transmission line A\/c Jamjodhpur-II Line GJ as per GETCO \/Suzlon specification and other requirements for a consideration of Rs. 3.16 Crores.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Winsol Engineers Limited provides integrated engineering, procurement, construction, and commissioning services for Balance of Plant (BoP) Solutions for both solar and wind power generation firms. Its core services for BoP Solutions include foundation work, substation civil and electrical work, and right-of-way services.&nbsp;<\/p><p>Winsol Engineers Limited has been executing various projects on a Turnkey basis for various clients including Adani Green Energy, Suzlon, Powerica Limited, KP Energy Limited, and many others.<\/p><p>As of April 2024, it has more than 41 major ongoing projects with a total value of approximately Rs. 119.53 Crores and As of March 31, 2024, invoices totaling more than Rs. 21.55 Crores have been booked, leaving an unexecuted or unbilled order book of Rs. 98.37 Crores.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials &amp; Ratios&nbsp;<\/strong><\/h2><p>Its Revenue from operations grew by 14.94 percent YoY from Rs. 65.39 Crores in FY23 to Rs. 75.16 Crores in FY24, accompanied by profits of Rs. 5.18 Crores to Rs. 8.68 Crores.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-2023459608\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also Read: <a href=\"https:\/\/tradebrains.in\/features\/3-semiconductor-stocks-that-are-investing-up-to-84000-cr-to-set-up-new-manufacturing-plants\/\" target=\"_blank\" rel=\"noreferrer noopener\">3 Semiconductor stocks that are investing up to \u20b9 84,000 Cr to set up new manufacturing plants<\/a><\/strong><\/p><\/blockquote><p>In terms of Return ratios, it has reported a return on equity (ROE) of 51.65 percent and a return on capital employed (ROCE) of 66.81 percent. It has reported a debt-to-equity ratio of 0.56.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-1284159150\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Solar Energy stock engaged in providing integrated engineering, procurement, construction, and commissioning services for solar, wind energy, and other projects jumped upto 3 percent in the day\u2019s trade upon receiving multiple work orders from Suzlon Energy Limited worth Rs. 7 Crores.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 394 Crores, the shares of Winsol [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":19272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[22136,948,936,6056,18724,20830,20831,18726,22293,18727],"class_list":["post-132979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-solar-energy-stock","tag-stock-market","tag-stock-market-news","tag-suzlon-energy","tag-winsol-engineers","tag-winsol-engineers-latest-news","tag-winsol-engineers-new-order","tag-winsol-engineers-news","tag-winsol-engineers-receives-order-from-suzlon-energy","tag-winsol-engineers-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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