Vikram Solar secures 2GW ALMM-compliant cell deal to power growthVikram Solar secures 2GW ALMM-compliant cell deal to power growth

Introduction

Leading solar module manufacturer signed ₹2,000 crore agreement with Jupiter International for 2GW ALMM compliant TopCon and mono PERC solar cells procurement.

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Share price movement of Vikram Solar

On February 23, 2026, Vikram Solar Ltd opened at ₹188.00, down 2.39% from its previous close of ₹192.60. The stock reached a high of ₹195.20 (1.35%) and a low of ₹183.55. By 10:42 AM, it traded at ₹188.85, a 1.95% decline, with a market cap of ₹6,842.61 crore.

Vikram Solar Signs ₹2,000 Crore Deal

Vikram Solar Limited has entered into a strategic domestic cell procurement agreement with Jupiter International Limited on February 20, 2026. The agreement covers procurement of high efficiency TopCon and mono PERC solar cells.

The agreement aggregates to 2GW of ALMM-compliant crystalline solar cells. The total contract size is approximately ₹2,000 crore, as disclosed under Regulation 30 of SEBI Listing Regulations.

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

Vikram Solar Ltd declined 14.4% over the past week, slipped 1.91% in the past month, and fell 46.0% over the past six months.

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Shareholding pattern of Vikram Solar

Particulars	Dec 2025	Sep 2025
Promoter	63.00%	63.10%
FII	2%	2%
DII	5%	6%
Public	30.50%	28.60%

About Vikram Solar

Vikram Solar Ltd (NSE: VIKRAMSOLR) is a solar energy company engaged in manufacturing solar PV modules and providing EPC and operations and maintenance services.

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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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