Vikram Solar wins 400 MW solar module order for Maharashtra agri-solar projects

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

-0.1%Reaction day

₹160.10

prior close

₹163.92

announcement price

After-mkt

timing

Nifty Microcap 250market+1.0%-1.1% vs market

Other Electrical Equipment peers, median of 54sector+0.0%-0.1% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.1 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.

Minutes after the announcementfrom the announcement price · no benchmark

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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

-0.1+1.0-1.1+0.0-0.1

Next day

-0.0+0.8-0.8-0.7+0.6

-3.2-0.5-2.6-1.8-1.4

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 54Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Vikram Solar secured a 400 MW order from a leading Indian EPC company to supply high-efficiency N-Type TOPCon G12R modules (620 Wp) for agri-solar projects in Maharashtra under the MSKVY 2.0 programme. Supplies start October 2026, to be completed by March 2027. Domestic, one-time order with no related party interest.

Likely market impact

Positive: major order strengthens order book and presence in Maharashtra agri-solar segment, supporting revenue visibility through March 2027.