Vikram Solar Soars on Winning 336 MW Solar Module Supply Order from L&T Construction
Mumbai, September 8 (Kiran News). Shares of Vikram Solar surged nearly 10% on Monday after the company announced that it has secured a large supply order for high-efficiency solar modules from L&T Construction.
The stock was trading at ₹353.15, up ₹30.30 (9.39%) from its previous close of ₹322.85 on the BSE. It opened at ₹332.00 and touched an intraday high of ₹354.00 and a low of ₹330.05. Trading volume stood at over 12.75 lakh shares.
Vikram Solar, a Group ‘B’ stock with a face value of ₹10, has a market capitalisation of ₹12,705.31 crore. The scrip has moved between a 52-week high of ₹381.70 (26 August 2025) and a 52-week low of ₹312.50 (5 September 2025).
Promoters hold 63.12% in the company, while institutional investors own 8.93% and non-institutional investors 27.95%.
The order, placed by L&T Construction, is for 336 MW of high-efficiency Hypersol G12R solar modules, based on advanced N-type technology. These modules will be deployed at the Khavda Renewable Energy Park in Gujarat, one of India’s largest clean energy projects.
According to the company, the Hypersol G12R modules offer improved bifaciality (up to 80%), enhanced high-temperature performance, and low annual degradation (≤0.4%), which will improve Balance-of-System (BOS) efficiency and reduce the Levelized Cost of Energy (LCOE). Delivery of the order will take place between November 2025 and March 2026.
The order further strengthens Gujarat’s position as a hub of India’s renewable energy transformation while highlighting Vikram Solar’s role in advancing the country’s clean energy goals through innovation and large-scale execution.
Vikram Solar and its subsidiaries are engaged in the manufacturing and sale of solar photovoltaic modules and systems.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
