{"id":143099,"date":"2025-01-21T11:49:33","date_gmt":"2025-01-21T06:19:33","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=143099"},"modified":"2025-01-21T17:13:07","modified_gmt":"2025-01-21T11:43:07","slug":"solar-stock-jumps-3-after-receiving-order-worth-38-cr-from-solar-power-developer","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/solar-stock-jumps-3-after-receiving-order-worth-38-cr-from-solar-power-developer\/","title":{"rendered":"Solar stock jumps 3% after receiving order worth \u20b938 Cr from Solar Power Developer"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2070218754\"><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>The share price of this Solar company which deals in the business of Solar power projects EPC and operations while offering solar energy solutions on a BOOT basis hit 3 percent higher on Tuesday after the company received an order worth Rs. 38.40 crore from Solar power Developer (Rajasthan).&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2268052259\"><!-- 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>Share Price Movement&nbsp;<\/strong><\/h2><p>In Tuesday\u2019s trading session, With a market capitalization of Rs. 3,962.23 crores, <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/ORIANA\" target=\"_blank\" rel=\"noreferrer noopener\">Oriana Power Ltd<\/a><\/strong>&#8216;s share price touched a day\u2019s high of Rs. 2,019 which was up by 2.71 percent. The share price reiterated from the day\u2019s high and was trading at Rs. 1,950 which is 0.79 percent lower than the previous closing price of Rs. 1,965.60. In the past year, the stock has delivered a multi-bagger return of around 203 percent and has outperformed the Nifty Index in the past year.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What happened&nbsp;<\/strong><\/h2><p>The company\u2019s stock surged after the company received an order from the Solar Power Developer (Rajasthan) worth Rs. 38.40 crore for the development of a Hybrid renewable power generating plant which is Solar &amp; Containerized BESS with a capacity of 9 MW and 903 kWh. This order is under the Engineering, Procurement, and Commissioning (EPC) segment and this project marks an introduction into the Battery Energy Storage Systems (BESS) category. The timeline for the contract to be executed is 6 to 8 months.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Order Book &amp; Recent Orders&nbsp;<\/strong><\/h2><p>The company has an order book of around 500+ MW. The company had received orders from a renowned cement manufacturer based in Tamil Nadu for 128MWp.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2955545914\"><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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Key Projects&nbsp;<\/strong><\/h2><p>Oriana Power is involved in developing India\u2019s largest Agro-Photovoltaic project in Delhi and started constructing Oriana\u2019s first solar park based in Rajasthan with a capacity of 250MW with the target to reach 1 GW capacity.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company&nbsp;<\/strong><\/h2><p>Oriana Power was founded in 2013 and they specialize in innovative solar energy solutions for industrial and commercial sectors. The company has executed numerous projects in India and Kenya.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by &#8211; Santhosh S&nbsp;<\/strong><\/p><\/blockquote><p id=\"block-c7358fdb-d71b-4124-aed9-adb09b1bdf52\"><strong>Disclaimer<\/strong><\/p><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 id=\"block-83834a69-243c-4272-bf39-3d97164452f3\"><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-2123530825\"><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>The share price of this Solar company which deals in the business of Solar power projects EPC and operations while offering solar energy solutions on a BOOT basis hit 3 percent higher on Tuesday after the company received an order worth Rs. 38.40 crore from Solar power Developer (Rajasthan).&nbsp; Share Price Movement&nbsp; In Tuesday\u2019s trading [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":129661,"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":[4865,1789],"tags":[],"class_list":["post-143099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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