Vikram Solar bags 378.75 MW order in first INGEL project; check detailsVikram Solar bags 378.75 MW order in first INGEL project; check details

Introduction

Leading Indian solar PV manufacturer secures a 378.75 MW order to supply advanced N-TOPCon modules for a 600 MW project in Gujarat, with delivery scheduled in FY26.

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Share price movement of Vikram Solar

On February 25, 2026, Vikram Solar Ltd opened at ₹179.35, down 3.25% from its previous close of ₹185.35. The stock reached a high of ₹179.35 and a low of ₹171.50. By 3:49 PM, it traded at ₹175.25, a 5.45% decrease, with a market cap of ₹6,349.84 crore.

Vikram Solar Wins 378.75 MW Order

Vikram Solar has secured an order to supply 378.75 MW of high-efficiency N-TOPCon solar modules for a project by Indian Oil NTPC Green Energy Limited (INGEL) in Gujarat.

The modules will be deployed near Nakhatrana in Kutch district as part of the 600 MW solar project. Delivery of the modules is scheduled to commence in FY26.

The order is a one-time domestic contract. Vikram Solar’s modules are designed for enhanced performance and energy yield. The project highlights Gujarat’s role in India’s renewable energy expansion.

Stock performance of Vikram Solar for period of 1 week, 1 month, and 6 month

Vikram Solar Ltd delivered a -15.8% return over the past week, declined 5.46% in the past month, and fell 44.9% over the past 6 months.

Also Read: L&T wins significant order for prestigious LIGO India Observatory project; here’s more

Shareholding pattern of Vikram Solar

Particulars	Dec 2025	Sep 2025	Aug 2025
Promoter	63.00%	63.10%	63.10%
FII	2%	2%	3%
DII	4.70%	6.20%	6.40%
Public	30.50%	28.60%	27.50%

About Vikram Solar

Vikram Solar Limited (NSE: VIKRAMSOLR) is a leading Indian solar module manufacturer with 9.5 GW capacity, international presence in 39 countries, and extensive pan-India distribution network.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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