Vikram Solar Shares: The newly listed Vikram Solar shares surged by 9 per cent during Monday's trading session after the news that the company has secured
an contract for the supply of 336 MW high-efficiency solar modules by L&T Construction for the Khavda Renewable Energy Park in Gujarat.
Vikram Solar's 336 MV Order Details
The company will supply Hypersol G12R modules from its advanced standalone module category, which are based on benefited N-type technology. Being so high-tech, these modules offer up to 80 per cent enhanced bifaciality, superior performance under high-temperature conditions, and low degradation per year as stated by the exchange filing.The introduction of G12R modules will further enhance the BOS and reduce the LCOE, thereby making solar power the most economical and usable energy.
The company said that with huge renewable energy targets to meet and projects such as Khavda Renewable Energy Park, the State of Gujarat is gaining prominence as a solar gene in the evolution of solar energy in India and setting benchmarks for solar capacity deployment across the globe.
Gyanesh Chaudhary, Chairman & Managing Director of Vikram Solar, said on the contract, “We are honored to be part of this landmark project. This area has good potential for solar energy, and it is therefore fitting that this project harnesses that opportunity. Every single project is testimony to Vikram Solar's technology, performance, and unwavering commitment to excellence.”
Vikram Sola FY25 Performance
For FY25, Vikram Solar reported net profit of Rs 139.83 crore against total revenues of Rs 3,459.53 crore. Significant improvement has been marked from the previous fiscal year (2024-25), whereby the company recorded a net profit of Rs 79.72 crore on revenues of Rs 2,523.96 crore. Vikram Solar's current market capitalization is above Rs 12,600 crore.Vikram Solar Share Performance
On September 8, 2025, Vikram Solar opened on BSE at Rs 332 and made an intraday high of Rs 347.10 before trading at Rs 354.30, up by 9.74 percent for the day. The stock has a 52-week high of Rs 381.70 and a 52-week low of Rs 312.50. The BSE data suggest that 14.5 lakh shares were traded with a turnover of Rs 49.98 crore.A modest market debut was made by Vikram Solar on August 26, 2025, with its shares listed at Rs 338 on NSE, up 2.41% from its issue price of Rs 332. On the BSE, the stock was listed at Rs 340, commanding a 1.81 per cent premium over the issue price.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
