Smart Gunes stock falls 3.79 percent and reports USD 14 million deal
Published on 10/08/2026 at 05:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Smart Gunes stock (ISIN TRESMAR00026) was last at TRY 4.82 on Borsa Istanbul on October 7, 2026, down 3.79 percent from the prior close of TRY 5.01. The company had announced a USD 14 million turnkey solar project one day earlier, adding a fresh contract to the stock's earnings story.
USD 14 million contract expands activity
According to Finansopia on October 6, 2026, Smart Gunes signed a USD 14 million agreement with a domestic corporate customer for turnkey construction of a photovoltaic solar power plant and an energy transmission line. The contract covers project development, material procurement and site installation.
The contract value is stated before value-added tax, while the customer was not identified. Its structure matters because development and procurement work can contribute directly to revenue, whereas the company must still execute the project before the full economic benefit appears in reported results.
First-half revenue reaches TRY 6.8 billion
Smart Gunes reported TRY 6.8 billion in net sales and TRY 108.9 million in net profit for the first six months of 2026, according to FVT. The same period included TRY 1.1 billion in EBITDA, giving investors three operating figures against which the new contract can be assessed.
The earnings mix places execution at the center of the investment case. Revenue provides scale, while net profit of TRY 108.9 million is much smaller than sales, making profitability and cash conversion important follow-up measures for the second half of 2026.
Stock remains near its 52-week low
On October 7, 2026, the share traded between TRY 4.78 and TRY 5.05, with volume of 23,139,951 shares. The 52-week range was TRY 4.67 to TRY 13.33, so the last price stood 3.21 percent above the yearly low and 63.85 percent below the yearly high.
Smart Gunes had a market capitalization of TRY 8.9 billion in the same current market context. The combination of a new USD 14 million order and a share price close to the 52-week low leaves project execution and profit delivery as the key measurable checkpoints.
Smart Gunes stock stays below TRY 5
Smart Gunes stock was last at TRY 4.82 on Borsa Istanbul on October 7, 2026, after falling 3.79 percent from TRY 5.01.
Smart Gunes stock facts
- Company: Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret A.S.
- ISIN: TRESMAR00026
- Ticker: SMRTG
- Trading venue: Borsa Istanbul
- Price (as of October 7, 2026): TRY 4.82
- Market capitalization: TRY 8.9 billion (as of October 7, 2026)
- 52-week range: TRY 4.67-13.33 (as of October 7, 2026)
- Sector / Industry: Electricity and Gas / Solar Energy
