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Vikran Engineering jumps after acquiring 49% stake in NOPL Solar Projects

Vikran Engineering Limited executes agreement to acquire 49 percent stake in NOPL Solar Projects for Rs 4.90 crore to expand presence in renewable energy sector.
Vikran jumps on 49% stake in NOPL Solar

Introduction

Leading engineering company executed agreement to acquire 49 percent stake in solar firm for Rs 4.90 crore to expand presence in renewable energy sector.

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Share price movement of Vikran Engineering

On April 28, 2026, Vikran Engineering Ltd opened at ₹74.25, up 1.03% from its previous close of ₹73.49. The stock reached a high of ₹75.46 (2.68%) and a low of ₹73.50. By 11:12 AM, it traded at ₹74.39, a 1.22% increase, with a market cap of ₹1,918.60 crore.

Vikran Engineering acquires solar stake

Vikran Engineering Limited executed Share Purchase Agreement to acquire 49 percent equity stake in NOPL Solar Projects Private Limited, as part of expansion strategy in renewable energy sector.

The acquisition involves cash consideration of Rs 4.90 crore for 4900 equity shares. The target entity operates in solar power generation and project development sector.

The transaction is not a related party deal and is expected to complete within one month, subject to conditions, supporting diversification into solar energy projects in Maharashtra.

Stock performance of Vikran Engineering for period of 1 week, 1 month, and 6 months

Vikran Engineering Ltd delivered a 1-week return of 1.58%, a 1-month return of 31.2%, and a 6-month return of -28.2%.

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Shareholding pattern of Vikran Engineering

ParticularsMar 2026Dec 2025Sep 2025
Promoter56%56%56%
FII1%2%2.40%
DII6.80%8.50%12.60%
Public35.80%33.70%28.80%

About Vikran Engineering

Vikran Engineering Ltd (NSE: VIKRAN) is an EPC company providing end to end services including design, supply, installation, testing, and commissioning across infrastructure sectors including power, water, and railways.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Vikran Engineering Ltd share price rising today?

A: Vikran Engineering Ltd share price is rising after acquisition of 49 percent stake in NOPL Solar Projects for Rs 4.90 crore.

Q: What is Vikran Engineering Ltd’s main business focus?

A: Vikran Engineering Ltd focuses on EPC services including design, supply, installation, testing, and commissioning across power, water, and railway infrastructure sectors.

Q: What are the 52-week high and low of Vikran Engineering Ltd stock?

A: Vikran Engineering Ltd stock has a 52-week high of Rs 118.40 and a low of Rs 51.11.

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