Vikran Engineering bags Rs 1,641.91 Cr solar EPC order in Maharashtra

Govt Defence OrderBusiness Updates View source PDF Explain this filing

VIKRAN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+3.4%Reaction day

₹99.39

prior close

₹105.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+3.7% vs market

Civil Construction peers, median of 95sector-0.6%+4.0% vs sector

On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250 and 4.0 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

+0.7

10m

+2.0

15m

+2.7

30m

+2.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.4-0.3+3.7-0.6+4.0

Next day

+5.8+0.7+5.2+0.0+5.8

+7.7+0.6+7.1-0.6+8.3

+9.7+0.5+9.2-0.3+9.9

+13.2+1.1+12.1-0.5+13.7

+10.7+0.3+10.4-1.5+12.2

+10.7-0.2+10.9-2.0+12.6

15d

-0.1-2.2+2.1-5.0+4.8

-6.2-4.9-1.2-7.4+1.2

-2.4-7.5+5.1-12.4+10.0

-13.0-4.8-8.2-13.3+0.4

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 95Pending

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

AI summary

Vikran Engineering received a Letter of Award worth Rs 1,641.91 Crores (plus GST) from Carbonminus Maharashtra One Private Limited for an EPC contract to build 505 MWAC solar PV power plants in Maharashtra under the MSEDCL LIS scheme. Execution period is 11 months. Domestic order, no related party interest.

Likely market impact

Large domestic order strengthens order book and revenue visibility. Positive for short-term sentiment.