India's Vikran Engineering rises after winning 4.59-billion-rupee solar power order

Vikran Engineering

26/12/2025 06:21

** Vikran Engineering's VIKN.NS up about 4%; stock earlier rose as much as 6.9% to more than three-week high of 103 rupees

** Construction firm wins 4.59-billion-rupee ($51.11 million) order from NTPC Renewable Energy Ltd for 400 MW AC grid-connected solar power project in Uttar Pradesh

** Project expected to be completed within a year

** On Tuesday, co received 20.35-billion-rupee order from Onix Renewables Ltd for development of 600 MW AC solar power projects across multiple locations in Maharashtra

** Stock up 11% so far this week on order wins

** VIKN up about 4% since Sept debut

($1 = 89.8100 Indian rupees)

 (Reporting by Brijesh Patel in Bengaluru)

 ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))