Vikran Engineering Shares Jump Over 6% to ₹109.60 on Strong Order Momentum

Mumbai, October 28, 2025: Shares of Vikran Engineering Limited (BSE: 544496, NSE: VIKRAN) surged 6.60%, hitting an intra-day high of ₹109.60 during Tuesday’s trading session.. The rally in the share price extended the company’s winning streak, following its recent ₹354.21 crore solar project win in Maharashtra.

Vikran Engineering Limited is a civil construction and infrastructure development company with a growing focus on renewable energy projects. The company is listed on both BSE and NSE under the symbols 544496 and VIKRAN, respectively and forms part of the BSE IPO Index.

Solar Project Win Driving Momentum

The rally in the shares of Vikran Engineering came after the company announced that it had secured a Letter of Award (LOA) worth ₹354.21 crore from Ellume Energy MH SolarOne Private Limited (SPV). The LOA is for developing a 100 MW AC grid-interactive solar power project in Maharashtra and is to be completed within 12 months. The turnkey EPC project will strengthen the company’s footprint in India’s renewable energy infrastructure sector.

Market Snapshot

As of October 28, 2025, 01:56 pm, the share price of Vikran Engineering Limited was trading at ₹104.52, up by 1.66% or 1.71 points. The company opened in green at ₹102.95 and since then has had decent trading with its total traded volume at 101.27 lakhs and traded value of ₹107.77 crore, while the total market capitalisation stood at ₹2,696.20 crore.

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