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Open202.5
High205.99
Low195.91
Prev. Close203.35
Avg. Traded Price201.26
Volume46,61,849

MARKET DEPTH

info2
Total bid322127.00
Total ask843283.00
OrdersQtyBid
2150196.49
3220196.48
130196.46
260196.44
1127196.43
AskQtyOrders
196.64485
196.654335
196.665300
196.674203
196.683259

HIGH/LOW

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3m
52w

LOW/HIGH

195.604 minutes ago
205.994 hours ago
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LOWER/UPPER CIRCUITS

162.68
244.02
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Vikram Solar Limited Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
noteAnnual Revenue,rose 40.5%, in the last year to ₹4,860.78 Cr. Its sector's average revenue growth for the last fiscal year was 17.73%.
noteAnnual Net Profit,rose 236.42% in the last year to ₹470.42 Cr. Its sector's average net profit growth for the last fiscal year was 26.87%.
notePrice to Earning Ratio,is 15.66, lower than its sector PE ratio of 49.59.
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About Vikram Solar Limited

Vikram Solar Limited is one of India’s largest solar photovoltaic (PV) module manufacturers by operational capacity, with more than 17 years of industry experience. As of March 31, 2025, the company has an installed module manufacturing capacity of 4.50 GW and is listed as a Tier 1 manufacturer by BloombergNEF (first in CY 2014, with the latest inclusion in Q1 2025); its ALMM-enlisted capacity stood at 2.85 GW as of June 30, 2025. Manufacturing operations commenced in 2009 with a 12 MW line, and facilities are located at Falta SEZ (Kolkata, West Bengal) and Oragadam (Chennai, Tamil Nadu), with proximity to ports aiding both domestic and export logistics.

The company designs and manufactures high-efficiency solar PV modules for diverse applications and offers product warranties of 12 years and performance warranties of 27–30 years, aligned with global standards. Sales are primarily in India, with exports to markets such as the United States, Europe, Nepal and Canada. Vikram Solar has nine subsidiaries (seven direct and two step-down) as of the latest period covered in the report.

Vikram Solar Limited Milestone 

Key milestones include designing and installing a 100-kW solar project at Cochin International Airport in 2013 (the world’s first fully solarised airport), repeated recognition as a PVEL “Top Performer” (first featured in 2017), and NABL accreditation for its Falta R&D lab in 2023. The company converted from a private to a public limited company, adopting the name “Vikram Solar Limited” on August 22, 2017.

Vikram Solar Limited’s Business Segments

By segment (Fiscal 2025): 

  • Module sales: 98.23%; 
  • Others (including EPC and O&M): 1.77%.

By geography (module sales, Fiscal 2025): 

  • Domestic: 97.24%; 
  • Export: 1.00% (primarily to the U.S.).

Vikram Solar Limited Key Management

  • Gyanesh Chaudhary – Chairman and Managing Director
  • Krishna Kumar Maskara – Whole-time Director, Interim Chief Executive Officer and President – Corporate
  • Neha Agrawal – Whole-time Director and Head – Corporate Strategy
  • Ranjan Kumar Jindal – Chief Financial Officer
  • Sudipta Bhowal – Company Secretary and Compliance Officer

Latest Updates on Vikram Solar Limited

  • Recognition: Awarded the EUPD Top Brand PV Seal in May 2025; also repeatedly listed as a BloombergNEF Tier 1 module manufacturer, including in Q1 2025.
  • Capacity and Integration: The company is undertaking greenfield and brownfield expansions to raise installed module capacity to up to 15.50 GW by Fiscal 2026 and up to 20.50 GW by Fiscal 2027; it is also backward integrating by establishing a 3.00 GW + 9.00 GW solar cell facility at Gangaikondan, Tamil Nadu, along with a planned BESS project starting at 1.00 GWh and expandable to 5.00 GWh by Fiscal 2027.
  • Market Access: ALMM-enlisted capacity of 2.85 GW as of June 30, 2025 supports domestic sales; plants’ proximity to ports enhances export readiness.
  • Channels and Offerings: Through its distributor, the company is launching a proprietary e-commerce platform, has begun receiving B2C orders on a third-party platform, and is exploring new product categories including inverters, cables and solar kits to leverage its channel network.
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Frequently Asked Questions

For Q4 FY26, Vikram Solar Limited reported: Revenue (Net Sales): ₹14525.97 Cr - Up 31.37% year-on-year from ₹11057.70 Cr in Q3 FY26. Net Income (PAT): ₹1099.74 Cr - Up 14.04% year-on-year from ₹964.35 Cr in Q3 FY26.

The intraday high for Vikram Solar Limited on the NSE today (13 Jul 2026) was ₹205.99. This compares to the 52-week high of ₹407.95 recorded on 10 Sep 2025. Today's high was -49.51% below the 52-week high.

As of 13 Jul 2026, the share price of Vikram Solar Limited is ₹196.78 on the NSE and ₹196.75 on the BSE. The stock opened at ₹202.50, touched a high of ₹205.99 and a low of ₹195.60 during today's session.

Over the last 6 months, Vikram Solar Limited has given a return of -11.33%. The stock was priced at ₹229.34 on 13 Jan 2026 and has Fallen to ₹196.78 as of 13 Jul 2026, a change of ₹32.56 per share.

The intraday low for Vikram Solar Limited on the NSE today was ₹195.60. The stock's 52-week low stands at ₹162.10, recorded on 27 Feb 2026. Today's low is 20.67% above the 52-week low, indicating the stock is trading well above its yearly lows.

Vikram Solar Limited has delivered a return of -6.96% over the last 3 months. The stock was trading at ₹218.56 on 13 Apr 2026 and is currently at ₹196.78 as of 13 Jul 2026, reflecting a Loss of ₹21.78 per share over this period.

No,Vikram Solar Limited has not declared any dividend over the past 5 years. The company paid a total dividend of N/A per share between FY2022 and FY2026, with the most recent dividend of ₹N/A per share. At the current market price of ₹196.78, the trailing dividend yield of Vikram Solar Limited stands at N/A%.

Vikram Solar Limited has delivered a N/A% absolute return over the past 5 years, equivalent to a CAGR of N/A% per annum. The stock was priced at ₹N/A in Jul 2021 and has fallen to ₹196.78 as of 13 Jul 2026. An investment of ₹1,00,000 in Vikram Solar Limited five years ago would be worth ₹N/A today.

The all-time high (ATH) for Vikram Solar Limited was ₹378.80, recorded on 10 Sep 2025. At the current price of ₹196.78, the stock is trading 48.05% below its all-time high. The all-time low recorded was ₹165.74 on 26 Feb 2026.

Vikram Solar Limited has delivered -42.94% return over the last 52 weeks. During this period, the stock hit a 52-week high of ₹407.95 on 10 Sep 2025 and a 52-week low of ₹162.10 on 27 Feb 2026. It is currently trading at ₹196.78 as of 13 Jul 2026.

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