Vikran Engineering shares extend rise to 3rd straight day as firm wins large orders in Solar EPC space.
Business
M
Moneycontrol29-12-2025, 12:39

Vikran Engineering Soars on Massive Solar EPC Orders; Shares Up 3rd Day

  • Vikran Engineering shares extended their rise for a third consecutive day, gaining over 20% in three sessions, hitting an intraday high of Rs 110.36.
  • The company secured new large orders in the Solar EPC sector, including 45.75 MW grid-connected solar projects in Madhya Pradesh.
  • It also bagged two solar projects worth Rs 2,500 crore in Maharashtra and Uttar Pradesh last week.
  • Earlier, Vikran Engineering won a Rs 2,000 crore order from Onix Renewables for 600 MW solar projects in Maharashtra.
  • CMD Rakesh Markhedkar anticipates Rs 2,000 crore in additional order inflows and an FY27 order book of Rs 5,500–5,700 crore.

Why It Matters: Vikran Engineering's significant new solar EPC orders are driving strong stock performance and future growth.

More like this

Loading more articles...