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Business
Vikram Solar Shares Rise After Securing 124 MW Andhra Pradesh Module Order
✍️ Business Today
🗓 11 Sep 2026, 05:18 PM
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Shares of Vikram Solar jumped after the company announced a 124‑MW module supply contract with Andhra Pradesh.
Vikram Solar's shares rose on Tuesday after the company announced a new contract to supply solar modules for a 124‑MW project in Andhra Pradesh.
The order, part of the state's push to expand solar capacity, will see Vikram Solar deliver modules to the project site over the next 18 months.
Analysts noted that the deal adds to the company's growing portfolio of large‑scale solar projects and is expected to boost revenues in the coming fiscal year.
The stock closed up 3.5% at ₹1,200, reflecting investor confidence in the company's execution and the broader solar market.
The order, part of the state's push to expand solar capacity, will see Vikram Solar deliver modules to the project site over the next 18 months.
Analysts noted that the deal adds to the company's growing portfolio of large‑scale solar projects and is expected to boost revenues in the coming fiscal year.
The stock closed up 3.5% at ₹1,200, reflecting investor confidence in the company's execution and the broader solar market.