Vikran Engineering jumps after acquiring 49% stake in NOPL Solar ProjectsVikran Engineering jumps after acquiring 49% stake in NOPL Solar Projects

Introduction

Leading engineering company executed agreement to acquire 49 percent stake in solar firm for Rs 4.90 crore to expand presence in renewable energy sector.

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Share price movement of Vikran Engineering

On April 28, 2026, Vikran Engineering Ltd opened at ₹74.25, up 1.03% from its previous close of ₹73.49. The stock reached a high of ₹75.46 (2.68%) and a low of ₹73.50. By 11:12 AM, it traded at ₹74.39, a 1.22% increase, with a market cap of ₹1,918.60 crore.

Vikran Engineering acquires solar stake

Vikran Engineering Limited executed Share Purchase Agreement to acquire 49 percent equity stake in NOPL Solar Projects Private Limited, as part of expansion strategy in renewable energy sector.

The acquisition involves cash consideration of Rs 4.90 crore for 4900 equity shares. The target entity operates in solar power generation and project development sector.

The transaction is not a related party deal and is expected to complete within one month, subject to conditions, supporting diversification into solar energy projects in Maharashtra.

Stock performance of Vikran Engineering for period of 1 week, 1 month, and 6 months

Vikran Engineering Ltd delivered a 1-week return of 1.58%, a 1-month return of 31.2%, and a 6-month return of -28.2%.

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Shareholding pattern of Vikran Engineering

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	56%	56%	56%
FII	1%	2%	2.40%
DII	6.80%	8.50%	12.60%
Public	35.80%	33.70%	28.80%

About Vikran Engineering

Vikran Engineering Ltd (NSE: VIKRAN) is an EPC company providing end to end services including design, supply, installation, testing, and commissioning across infrastructure sectors including power, water, and railways.

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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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