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Vikram Solar: Stock jumps 9% after winning supply deal with L&T for Khavda Solar Project

Vikram Solar has won a 336 MW module supply order from L&T for the Khavda Solar Project, deploying advanced N-type modules to boost efficiency and support Gujarat’s renewable energy growth.

Introduction

Leading solar PV manufacturer has secured a 336 MW module supply order from L&T Construction for the Khavda Solar Project in Gujarat. The order includes advanced N-type modules to enhance efficiency and reduce energy costs.

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Share price movement of Vikram Solar

On September 8, 2025, Vikram Solar Limited opened at ₹332.00, up 2.85% from its previous close of ₹322.85. The stock reached a high of ₹354.00 and a low of ₹330.05. By 11:25 AM, it traded at ₹349.35, an 8.21% increase, with a market cap of ₹12,636.58 crore.

Vikram Solar Bags 336 MW Gujarat Project Order

Vikram Solar has secured a 336 MW module supply order from L&T Construction for the Khavda Solar Project in Gujarat. The company will supply Hypersol G12R modules based on advanced N-type technology.

The modules feature improved bifaciality up to 80%, high-temperature performance, and minimal degradation (≤0.4%). This order aims to enhance BOS efficiency, reduce LCOE, and support Gujarat’s renewable energy capacity expansion.

Stock performance of Vikram Solar for Period of 1 week

Vikram Solar Limited delivered a -1.66% return over the past week.

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Also Read: ACME Solar Holdings: Stock jumps 5% after placing order for battery energy storage system

Shareholding pattern of Vikram Solar

ParticularsAug 25, 2025
Promoter63.10%
FII3.00%
DII6.40%
Public27.50%

About Vikram Solar

Vikram Solar Limited (NSE: VIKRAMSOLR) is a leading Indian solar module manufacturer with 4.5 GW capacity, global presence in 39 countries, recognized for reliability, and supported by a pan-India distributor and dealer 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.

FAQs

Q: Why is Vikram Solar Limited share price going up today?

A: Vikram Solar Limited share price is rising after securing a 336 MW module supply order from L&T for the Khavda Solar Project.

Q: What does Vikram Solar Limited specialize in?

A: Vikram Solar Limited specializes in manufacturing efficient photovoltaic (PV) modules and delivering solar solutions across India and internationally.

Q: What is the market capitalization of Vikram Solar Limited?

A: Vikram Solar Limited has a market capitalization of ₹12,636.58 crore as of September 8, 2025.

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