Vikran Engineering wins 45.75 MW solar project order in Madhya Pradesh

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Price reactionminutes from the announcement price · days from the prior close

+2.4%Reaction day

₹100.75

prior close

₹101.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.8%+3.2% vs market

Civil Construction peers, median of 94sector-1.4%+3.8% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Microcap 250 and 3.8 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+2.4-0.8+3.2-1.4+3.8

Next day

+3.4-0.8+4.3-1.9+5.3

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 94Pending

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AI summary

Vikran Engineering has accepted Letters of Awards from M.P. Urja Vikas Nigam Limited for 45.75 MW AC grid-connected solar PV power plants in Vidisha district, Madhya Pradesh. The projects fall under the PM KUSUM-C Surya Mitra Krishi Feeders Scheme, with power to be sold to MPPMCL at tariffs of about 2.75 to 2.80 rupees per kWh under a 25-year PPA. The company will act as Renewable Power Generator. The contracts are from a domestic government entity and are not related party transactions.

Likely market impact

Positive: new solar order adds to order book with 25-year revenue visibility; strengthens renewable energy footprint.