Saatvik Green Energy

** Shares of Saatvik Green Energy SAAT.NS climb 3.3% to 481.05 rupees

** Motilal Oswal starts coverage with "buy" and 565 rupees PT, implying an upside of 17.5% to SAAT's current price

** PT higher than Ambit Capital's target of 520 rupees, with Ambit being the only other brokerage tracking the stock - SEG-compiled data

** SAAT's module and cell manufacturing capacities should reach 8.8 GW and 2.4 GW, respectively, by FY27, Motilal estimates

** Adds, co's plans to enter the ingot-wafer segment with a proposed capacity of 6 GW by FY29 will strengthen backward integration strategy

** YTD, stock up about 28%

(Reporting by Kashish Tandon in Bengaluru)

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May 26 (Reuters) - Saatvik Green Energy Ltd SAAT.NS:

• SAATVIK GREEN ENERGY LTD - RECEIVES ORDER WORTH 1.71 BILLION RUPEES FOR SOLAR PV MODULES

Source text: ID:nNSE5BnQCX

Further company coverage: SAAT.NS

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** Shares of India's Saatvik Green Energy SAAT.NS down as much as 9.53%, last down 4.69% to 433 rupees

** SAAT posted a profit of 606.1 million rupees ($6.29 million) in Q4, down 36% Y/Y

** Total expenses rose ~95% to 15.39 billion rupees in Q4 as cost of materials consumed more than doubled

** Trading vols at 580,994 shares vs 30-day avg of 233,211 shares

** YTD stock up ~21%

($1 = 96.3500 Indian rupees)

(Reporting by Devika Nair in Bengaluru)

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May 20 (Reuters) - Saatvik Green Energy Ltd SAAT.NS:

• SAATVIK GREEN ENERGY LTD MARCH-QUARTER CONSOL NET PROFIT 606.1 MILLION RUPEES

• SAATVIK GREEN ENERGY LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 16.08 BILLION RUPEES

Source text: [ID:]

Further company coverage: SAAT.NS

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April 21 (Reuters) - Saatvik Green Energy Ltd SAAT.NS:

• SAATVIK GREEN ENERGY LTD - UNIT RECEIVES 712.5 MILLION RUPEES ORDER

Source text: ID:nNSE18F2P6

Further company coverage: SAAT.NS

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** Shares of Saatvik Green Energy SAAT.NS rise 7.7% to $452.80, extending gains for a third consecutive session

** The solar energy products maker on Thursday got an order worth 1.08 billion rupees ($11.68 million) to supply solar PV modules

** SAAT says order will be executed by September 2026

** Separately, the company says CFO Abani Kant Jha has resigned from his position to pursue other opportunities

** SAAT trades at a forward 12-month P/E of 11.58, below the industry median of 14.61

** YTD, stock up 16.3%

($1 = 92.4850 Indian rupees)

(Reporting by Abhinav Parmar in Bengaluru)

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April 9 (Reuters) - Saatvik Green Energy Ltd SAAT.NS:

• ABANI KANT JHA RESIGNS AS CHIEF FINANCIAL OFFICER

Source text: ID:nBSE4tQQZm

Further company coverage: SAAT.NS

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March 30 (Reuters) - Saatvik Green Energy Ltd SAAT.NS:

• SAATVIK GREEN ENERGY LTD - UNIT RECEIVES ORDER WORTH 570.3 MILLION RUPEES FOR SOLAR PV MODULES

Source text: ID:nBSE9nxBmD

Further company coverage: SAAT.NS

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March 27 (Reuters) - Saatvik Green Energy Ltd SAAT.NS:

• SAATVIK GREEN ENERGY LTD- GETS ORDERS WORTH 140 MILLION RUPEES

Further company coverage: SAAT.NS

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Feb 25 (Reuters) - Saatvik Green Energy Ltd SAAT.NS:

• RECEIVES ORDER WORTH 871 MILLION RUPEES

Source text: ID:nBSE9LsdZ0

Further company coverage: SAAT.NS

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** Shares of Saatvik Green Energy Ltd SAAT.NS rise as much as 4.1% to 429.75 rupees
** Solar photovoltaic module manufacturer says unit gets an order worth 441 mln rupees ($4.9 mln) from an independent power producer
** Stock on track to snap 2 days of losses
** SAAT last up 2%, adding to YTD gains of 9.7%

($1 = 90.6625 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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Feb 12 (Reuters) - Saatvik Green Energy Ltd SAAT.NS:

• SAATVIK GREEN ENERGY LTD - UNIT BUYS 49% OF INTELLIGENT HYDEL SOLUTIONS

• SAATVIK GREEN ENERGY LTD - DEAL FOR 13 MILLION RUPEES

Source text: ID:nBSEyQnbG

Further company coverage: SAAT.NS

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** Shares of Indian solar panel, cell makers jump following India and the United States long-awaited trade deal

** Shares of Waaree Energies Ltd WAAN.NS climbs 13.6%, Premier Energies PEME.NS up 9.2%, Saatvik Green Energy SAAT.NS rise 6.3%

** Adani Enterprises Ltd ADEL.NS up 11.2% and Vikram Solar Ltd VIKO.NS gains 8.2%

** "The U.S. decision to reduce tariffs on Indian goods from 25% to 18%, along with the elimination of the additional punitive levy, represents a strategic turning point for the solar sector, rather than just a routine policy change, said Prashant Mathur, CEO of Saatvik Green Energy

** Waaree, Adani, Vikram Solar are top Indian exporters to US

(Reporting by Brijesh Patel in Bengaluru)

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Jan 22 (Reuters) - Saatvik Green Energy Ltd SAAT.NS:

• UNIT RECEIVES ORDER WORTH 101.5 MILLION RUPEES

Source text: ID:nBSE2rBYkT

Further company coverage: SAAT.NS

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Jan 8 (Reuters) - Saatvik Green Energy Ltd SAAT.NS:

• GOT ORDER WORTH 208.4 MILLION RUPEES

Source text: ID:nnAZN4RSWHE

Further company coverage: SAAT.NS

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** Saatvik Green Energy SAAT.NS rises exchange-allowed maximum of 10% to 551.7 rupees

** Solar module manufacturer reports first earnings since listing in September - Q1 net profit grows more than 5-fold, rev up ~4-fold

** Cites higher capacity use, cost efficiencies, prudent financial management for earnings boost

** Co filed 9 bln-rupee IPO on September 22, comprising 7 bln rupees worth of fresh issue, 2 bln-rupee offer for sale

** SAAT gains ~25% so far since debut

(Reporting by Yagnoseni Das in Bengaluru)

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** Saatvik Green Energy SAAT.NS rises 3.48% to 476 rupees, highest since debut on September 26

** Co receives 4.88 bln-rupee (~$55 mln) order for solar modules

** Co's unit gets order worth 2.2 bln rupees

** SAAT gains 7.52% since market debut

($1 = 88.7620 Indian rupees)

(Reporting by Mridula Kumar)

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