Vikram Solar Gains 3% After Securing 148.9 MW Order from Sunsure Energy

Mumbai, October 23 (Udaipur Kiran) — Shares of Vikram Solar were trading higher on Thursday after the company announced that it had received a 148.9 MW order from Sunsure Energy, a prominent renewable energy solutions provider in India.

Vikram Solar

The stock was seen trading at ₹347.15, up by ₹11.20 or 3.33% from its previous close of ₹335.95 on the BSE. The scrip opened at ₹337.00 and touched an intraday high of ₹348.80 and a low of ₹332.75, with over 1.92 lakh shares traded during the session.

Vikram Solar’s market capitalisation currently stands at ₹12,231.46 crore. The stock has a 52-week high of ₹407.85 (recorded on September 10, 2025) and a 52-week low of ₹312.50 (on September 5, 2025). Promoters hold 63.12%, while institutional and non-institutional investors hold 8.93% and 27.95%, respectively.

Under the new contract, Vikram Solar will supply high-efficiency 595 Wp M10R N-Type TOPCon solar modules to Sunsure Energy, which will deploy them across Maharashtra and Uttar Pradesh — two key states contributing to India’s clean energy expansion.

These modules are designed for superior efficiency, high energy yield, and long-term reliability, reinforcing Vikram Solar’s position as a trusted partner in India’s solar manufacturing ecosystem.

This latest order follows several other major wins for the company in 2025, including 200 MW from AB Energia, 336 MW from L&T Construction, and 326 MW from Gujarat Industries Power Company.

Vikram Solar and its subsidiaries are engaged in the manufacturing and sale of solar photovoltaic modules and systems, serving both industrial and utility-scale clients.

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