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GK Energy secures ₹235.92 cr contract for solar pumps

after close1 source ↓written by the desknot a recommendation

contract from MSEDCL
₹235.92 Cr
MSEDCL to supply
10,000 solar water pumps
60 days

GK Energy has won a ₹235.92 Cr contract from MSEDCL to supply 10,000 solar water pumps within 60 days. This significant order enhances the company's revenue visibility and underscores the push for rural electrification in Maharashtra. The tight deadline highlights the urgency in solar adoption, potentially boosting GK Energy's market position.

• Contract Value: ₹235.92 Cr

• Volume: 10,000 Solar Pumps

• Client: MSEDCL

• Execution Deadline: 60 Days

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 Jul 2026, 16:08 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

GKENERGY closed +3.8% on the day of the news, from ₹142.56 to ₹148.03; Nifty −0.1% over the same session.

Bulletin at 16:08 IST on 6 Jul 2026. Every change is measured from ₹142.56, the last close before it, on 6 Jul. Nifty 50 is measured over the same sessions.

  • GKENERGY close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
GKENERGY closes around the bulletin against the close before the news, with Nifty 50 rebased to it118.61142.56166.51axis spans 40%before the news · 6 Jul142.56Nifty 50GKENERGYbulletinD0+1+3+530 Jun10 Jul21 JulReference close ₹142.56. 16 sessions from 30 Jun to 21 Jul; the price axis spans 40 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before6 Jul₹142.56basebase
On the day7 Jul₹148.03▲ +3.8%▼ −0.1%+4.0 pp difference
+1 session8 Jul₹142.13▼ −0.3%▼ −2.2%+1.9 pp difference
+3 sessions10 Jul₹143.53▲ +0.7%▼ −0.9%+1.6 pp difference
+5 sessions14 Jul₹140.87▼ −1.2%▼ −1.6%+0.4 pp difference
Gap at the open, % · ₹
▲ +1.0%+1.44 on 7 Jul
Day's range, % · ₹
4.7%≈ 6.7 high to low
Volume on the day
1.00×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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