return to news
  1. Vikram Solar Q1 results: Stock rises ahead of earnings announcement; what we know so far

Market News

Vikram Solar Q1 results: Stock rises ahead of earnings announcement; what we know so far

Kamal Joshi

2 min read | Updated on September 09, 2025, 15:37 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Vikram Solar Q1 results: The trading window for dealing in securities of the firm shall remain closed for all designated persons, their immediate relatives, and other insiders till 48 hours from the announcement of the latest June quarter results.

Stock list

Vikram Solar has two solar PV module manufacturing facilities located in Tamil Nadu and West Bengal. | Image: LinkedIn/Vikram Solar

Vikram Solar has two solar PV module manufacturing facilities located in Tamil Nadu and West Bengal. | Image: LinkedIn/Vikram Solar

Vikram Solar share price: Shares of leading solar PV module maker Vikram Solar rose on Tuesday, September 9, as the company is set to announce its earnings for the first quarter of the financial year 2025-26.

In a regulatory filing, the company said, "A meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, September 09, 2025, inter alia, to consider and approve the standalone & consolidated unaudited financial result of the company for the quarter ended June 30, 2025."

It also said that the trading window for dealing in securities of the firm shall remain closed for all the designated persons, their immediate relatives and other insiders till 48 hours from the announcement of the latest June quarter results.

Vikram Solar share price

Shares of Vikram Solar settled 3.69% higher at ₹359.70 apiece on the National Stock Exchange (NSE).

The stock is up 8.34% over the IPO issue price of ₹332 a unit.

The latest module comes with improved bifaciality (up to 80%), minimal year-on-year degradation (≤0.4%) and better high-temperature performance.

Gyanesh Chaudhary, Chairman and Managing Director of Vikram Solar, said, "We are delighted to contribute to this landmark project. The region holds immense potential for solar energy, and this project will play a pivotal role in harnessing that opportunity."

The stock had started trading at ₹338 apiece on the NSE on August 26, a premium of 1.81% from the issue price of ₹332 a unit.

The ₹2,079.37 crore Vikram Solar IPO had kept a price band of ₹315 to ₹332 per share. It consisted of a fresh issuance of shares aggregating to ₹1,500 crore as well as an offer for sale of ₹579.37 crore.

The initial public offering was booked 54.63 times, as it secured bids for 2,47,81,57,965 shares compared to 4,53,61,650 equity shares on offer. Prior to the IPO, the company had secured ₹621 crore from anchor investors.

SIP
Consistency beats timing.
promotion image

About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.