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  1. Vikram Solar share price climbs over 1% on securing 148.9 MW order from Sunsure Energy

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Vikram Solar share price climbs over 1% on securing 148.9 MW order from Sunsure Energy

Kamal Joshi

2 min read | Updated on October 23, 2025, 13:25 IST

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SUMMARY

Vikram Solar share price: This order from Sunsure Energy comes post-significant wins for the company this year, including 336 MW from L&T Construction, 326 MW from Gujarat Industries Power Company Limited and 200 MW from AB Energia, among others.

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Vikram Solar Limited is one of the leading Indian solar module manufacturers. | Image: Shutterstock

Vikram Solar Limited is one of the leading Indian solar module manufacturers. | Image: Shutterstock

Vikram Solar share price: Shares of solar PV module manufacturer Vikram Solar rose on Thursday, October 23, after it secured a major order of 148.9 MW high-efficiency solar modules from Sunsure Energy.
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According to an exchange filing, the solar modules, rated at 595 Wp, will be deployed across Maharashtra and Uttar Pradesh. The company will be supplying its advanced M10R N-Type TOPCon modules.

This order from Sunsure Energy comes post significant wins for the company this year, including 336 MW from L&T Construction, 326 MW from Gujarat Industries Power Company Limited and 200 MW from AB Energia, among others.

Vikram Solar share price

The stock is up 1.41% to ₹340.65 apiece on the National Stock Exchange (NSE) at 1:24 pm. The market capitalisation stands at ₹12,320.08 crore.

Gyanesh Chaudhary, Chairman and Managing Director, Vikram Solar, said, “India recently crossing the 125 GW renewable energy capacity mark is a powerful reminder of the momentum we’ve built on our clean energy journey. We are moving swiftly and decisively toward our national goals, and collaboration with Sunsure Energy plays a vital role in sustaining that progress. By combining technological excellence with strong industry partnerships, we are not just accelerating project execution but also strengthening the collective ecosystem that will power India’s clean energy future.”

The renewable energy company said that the project supports India's target of achieving 500 GW of non-fossil fuel capacity by 2030.

Vikram Solar Q2

In the second quarter of the financial year 2025-26, Vikram Solar posted a 1,648% increase in its consolidated profit after tax to ₹128.48 crore as against ₹7.35 crore a year back.

Its revenue from operations surged 93.72% year-on-year to ₹1,109.9 crore in Q2 FY26.

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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.

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