SYNOPSIS: SBEC Systems commissioned a 265 kWp solar car parking project in Modinagar, Uttar Pradesh, on 31st March 2026, strengthening its renewable energy portfolio and supporting sustainable power initiatives.
During Wednesday’s trading session, shares of a company involved in the business of sugar, bioenergy and control systems, surged up to 10 percent upper circuit on BSE, after the company announced commissioning of a 265 kWp solar power project in Uttar Pradesh.
With a market cap of Rs. 17 crores, shares of SBEC Systems (India) Limited are currently trading in the green at Rs. 17.09 on BSE, up by 9.9 percent, as against its previous closing price of Rs. 15.55. The stock has delivered positive returns of around 6 percent in one year, but has fallen by about 8 percent in the last one month.
What’s the News:
According to the latest disclosures on the BSE, SBEC Systems (India) Limited announced the successful commissioning and operationalisation of its 265 kWp solar power project at G S Pharmbutor Private Limited, located in Modi Steel Compound, Modinagar, Uttar Pradesh.
The project, developed as a car parking solar installation, became operational on 31st March 2026, in compliance with applicable government guidelines, marking a step forward in the company’s renewable energy initiatives.
Financials & More:
SBEC Systems reported a marginal growth in revenue from operations, experiencing a year-on-year increase of around 4 percent, from Rs. 0.78 crores in Q3 FY25 to Rs. 0.81 crores in Q3 FY26. However, the company reported a net loss of Rs. 0.3 crores from a profit of Rs. 0.56 crores, over the same period.
Out of the total revenue, the Technical/Consultancy Services segment contributed Rs. 0.58 crore, accounting for around 72 percent of the total revenue. Meanwhile, income from interest on finance lease rent for the solar power unit contributed Rs. 0.23 crore, making up about 28 percent of the revenue. There was no contribution from other income during the period.
SBEC Systems (India) Limited operates as an engineering and consultancy firm, offering a wide range of scientific, technical, and professional services. The company is involved in designing, planning, and executing turnkey and other project contracts, including fabrication, erection, and commissioning activities. It also supplies advanced equipment to the sugar and power industries.
In addition, the company undertakes activities related to the generation, transmission, and distribution of electricity, covering various energy sources such as steam, hydro, wind, solar, tidal, and hydrocarbons. The company does not have any subsidiaries; however, it has a listed associate company, SBEC Sugar Limited.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in 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. Trade Brains Technologies Private Limited 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.
The post Stock hits 10% upper circuit after commissioning 265 kWp solar power project in UP appeared first on Trade Brains.