Vikram Solar wins 187 MW solar module order from domestic renewable developer

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

-2.9%Reaction day

₹146.75

prior close

₹142.23

announcement price

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Nifty Microcap 250market-1.6%-1.2% vs market

Other Electrical Equipment peers, median of 51sector-1.7%-1.2% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.2 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 51Pending

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AI summary

Vikram Solar has secured a 187 MW order for high-efficiency N-Type TOPCon G12R solar modules from a leading domestic renewable energy developer. The modules, rated 615-625 Wp with bifacial glass-to-glass construction, will be supplied for projects across Karnataka and Tamil Nadu. The one-time order is to be executed by December 2026. The customer is unrelated to the promoters and no related party transaction is involved.

Likely market impact

Positive order win strengthens revenue visibility and supports domestic manufacturing pipeline through year-end execution.