Vikran Engineering bags Rs 2035 Cr solar EPC order from Onix Renewables

Order above 5% of revenueBusiness 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

+10.9%Reaction day

₹86.65

prior close

₹95.89

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+11.5% vs market

Civil Construction peers, median of 97sector-0.2%+11.1% vs sector

On the reaction day the stock moved 11.5 pts more than Nifty Microcap 250 and 11.1 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

+2.3

10m

+2.2

15m

+2.9

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+10.9-0.5+11.5-0.2+11.1

Next day

+16.3-1.1+17.3-1.0+17.3

+19.1-1.8+20.9-2.4+21.5

+20.3-1.9+22.1-2.0+22.3

+15.3-0.5+15.8-1.7+17.0

+16.1-0.3+16.4-0.7+16.8

+12.5+0.9+11.6-1.4+13.9

15d

+6.2-4.3+10.5-7.0+13.3

+1.6-9.3+10.9-14.0+15.5

-20.5-5.4-15.1-10.1-10.4

-32.7-13.7-19.0-24.3-8.4

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 97Pending

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

AI summary

Vikran Engineering bagged a work order worth Rs 2035.26 Crores (excluding GST, Rs 2216 Cr with taxes) from Onix Renewables Limited for EPC work on a 600 MW AC solar plant in Maharashtra. Execution timeline is 12 months. Scope covers design, procurement, supply, erection, testing and commissioning on a turnkey basis including solar PV modules and inverters. The order is domestic with no related party interest.

Likely market impact

Major order win boosts order book visibility for FY26. No promoter or related party interest. Domestic client, turnkey scope.