Why Is Vikram Solar Share Price Rising Today? Renewable Energy Stock Up 9% After THIS Update

Vikram Solar Share Price Today: Shares of recently listed Vikram Solar Limited surged as much as 9% during Monday's intraday trading session. The renewable energy stock rally came after the company had announced an order win of 336 MW high-efficiency solar modules from L&T Construction.

Vikram Solar shares touched an intraday high mark of Rs 354 per share on BSE. The stock was up around 8.63% at Rs 350.7 per share on BSE with a market capitalisation of Rs 12,685.42 crore.

Vikram Solar Deal With L&T Construction

The PV module manufacturer bagged an order worth 336 MW high-efficiency solar modules from L&T Construction. These PV modules will be deployed in Khavda, Gujarat.

Vikram Solar will supply its Hypersol G12R modules based on N-type technology. The company has described its latest module technology from as an improved version with upgraded bifaciality, better high-temperature performance and minimal year-on-year degradation.

"The usage of G12R Modules will enhance the Balance-of-System (BOS) eƯiciency and help drive down the Levelized Cost of Energy (LCOE), making it more cost-eƯective and accessible," stated Vikram Solar in its press release.

"We are delighted to contribute to this landmark project. The region holds immense potential for solar energy, and this project will play a pivotal role in harnessing that opportunity. Each project we deliver is a testament to the trust placed in Vikram Solar's technology, performance, and commitment to excellence," stated Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar.

Vikram Solar Share Price Trend

Vikram Solar share price touched a 52-week high mark of Rs 381.70 per share on BSE on 26 August, 2025. The stock had touched a 52-week low mark of Rs 312.5 on 5 September 2025. Its valuation has surged 25% in a week.

Vikram Solar IPO Listing

Vikram Solar shares price was listed on BSE at Rs 340, with a premium of 2.4%. The Vikram Solar IPO issue price was fixed at Rs 332. Vikram Solar IPO received a healthy response from bidders by the conclusion of its subscription period. The issue was subscribed 142.79 times in the qualified institutional buyers (QIBs) category, 50.9 times in the non-institutional investors (NIIs). The issue was subscribed by 7.65 times in the retail investors category.

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