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

Business
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Moneycontrol•29-12-2025, 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.
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