Vikran Engineering Share Price Jumps for Third Straight Day as Solar EPC Order Wins Lift Stock Market Today

Vikran Engineering Share Price Jumps for Third Straight Day as Solar EPC Order Wins Lift Stock Market Today

Market Performance

Vikran Engineering share price remained in focus in the stock market today, extending its upward move for the third consecutive session. The stock climbed 9.54% intraday, touching a high of ₹110.36 on the NSE.

Over the last three trading sessions, Vikran Engineering shares have gained more than 20%, reflecting strong buying interest from market participants. Since its market debut in September, the stock has advanced 13.6%, keeping investor attention firmly on the counter.

Main News: Fresh Solar EPC Orders Drive Momentum

The rally in Vikran Engineering share price came after the company disclosed new order wins in the renewable energy segment, particularly in solar EPC projects.

According to the company’s announcement:

  • Vikran Engineering has received Letters of Award for grid-connected solar power projects
  • The total capacity of these projects stands at 45.75 MW
  • The projects are located in Madhya Pradesh

Under these projects, Vikran Engineering will function as the renewable power generator and will handle the implementation and operation of the solar plants.

This update acted as a clear trigger, keeping the stock firmly in the spotlight in the stock market today.

Additional Project Wins Strengthen Order Momentum

Apart from the Madhya Pradesh projects, the company also secured two more solar projects last week:

  • Projects spread across Maharashtra and Uttar Pradesh
  • Combined project value of ₹2,500 crore

These fresh orders further reinforced positive sentiment around Vikran Engineering share price, adding weight to the ongoing rally.

Previous Large Order in Solar Segment

Earlier, Vikran Engineering had also won a major solar EPC contract:

  • Order value: Over ₹2,000 crore
  • Client: Onix Renewables
  • Project size: 600 MW solar projects
  • Location: Maharashtra

The project is to be executed over 12 months on a turnkey EPC basis, covering:

  • Design and engineering
  • Procurement and supply
  • Erection and installation
  • Testing and commissioning of solar plants

The scope of work also includes supplying key equipment, such as:

  • Solar PV modules
  • Inverters

Company Details at a Glance

  • Sector focus: Renewable energy and Solar EPC
  • Key activity: Development, execution, and operation of solar power projects
  • Geographic presence (recent projects):
    • Madhya Pradesh
    • Maharashtra
    • Uttar Pradesh

Summary

Vikran Engineering share price continued its strong upward run in the stock market today, supported by multiple solar EPC order wins. A rise of over 20% in three sessions, fresh 45.75 MW grid-connected solar projects, and additional projects worth ₹2,500 crore kept the stock in focus.

With consistent disclosures around renewable energy projects and execution responsibilities, Vikran Engineering remains one of the closely tracked stocks as activity in the solar EPC space gathers pace.

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