Why Is Vikran Engineering's Share Price Rising Today? Solar Energy Stock Jumps 13% After THIS Order Win

Vikran Engineering Share Price Today: Shares of Vikran Engineering Limited skyrocketed nearly 13.8% during Wednesday's stock market opening. The massive surge in solar energy stock came after the company announced Rs 2,035 crore order win in Maharashtra.

Vikran Engineering shares were trading 12.97% higher at Rs 98 per share on BSE with a market capitalisation of Rs 2,528 crore on BSE at 9:35 am. The stock had touched an intraday high of Rs 99.8 per share and an intraday low of Rs 95.5 per share till the first thirty minutes of stock market opening today.

Why Is Vikran Engineering's Share Price Rising Today?

The massive jump in Vikran Engineering shares came after the company announced that it secured a Rs 2035 crore EPC order win for 600 MW solar power projects in Maharashtra. The leading player in emerging multi-sector EPC (Engineering, Procurement and Construction) companies has bagged the order from Onix Renewables Limited to develop a 600 MW AC solar power projects across multiple locations in the state.

"The work order, accepted on December 23, 2025, entails execution of the project on a turnkey EPC basis, covering end-to-end activities including design, engineering, procurement, supply, erection, testing, and commissioning," noted the company in its press release. The project is scheduled to be completed in a 12-months duration.

"This order marks an important milestone for Vikran Engineering and reflects the strong momentum we are witnessing in our renewable energy EPC business. It is a clear vote of confidence in our engineering depth, project management capabilities, and ability to deliver large-scale solar projects with speed and quality. This win meaningfully strengthens our order book and positions us well for sustained growth," stated Rakesh Markhedkar, Chairman and Managing Director, Vikran Engineering Limited.

The order win is expected to boost Vikran Engineering's renewable energy portfolio and strengthen its presence across the power transmission and distribution segment.

Vikran Engineering Share Price Trend

Vikran Engineering shares opened in green on Wednesday. The stock value has declined nearly 6.4% in the last three months since its IPO listing. Vikran Engineering stock had touched a 52-week high mark of Rs 118.4 per share on BSE on 20 November, 2025. The stock had dipped to its 52-week low mark of Rs 84.85 per share on 18 December, 2025.

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