Vikran Engineering shines on executing SPA to acquire 49% stake in NOPL Solar Projects
Vikran Engineering is currently trading at Rs. 75.04, up by 1.55 points or 2.11% from its previous closing of Rs. 73.49 on the BSE.
The scrip opened at Rs. 74.25 and has touched a high and low of Rs. 75.46 and Rs. 73.50 respectively. So far 135 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 118.40 on 20-Nov-2025 and a 52 week low of Rs. 51.11 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 75.46 and Rs. 51.11 respectively. The current market cap of the company is Rs. 1895.39 crore.
The promoters holding in the company stood at 56.27%, while Institutions and Non-Institutions held 7.94% and 35.79% respectively.
Vikran Engineering has executed a Share Purchase Agreement (SPA) for acquisition of 49% equity stake in NOPL Solar Projects. The acquisition is in line with the company’s strategy to expand its presence in the renewable energy sector. It will enable business diversification and support long-term growth through participation in solar energy projects. The cost of acquisition is Rs 4.90 crore.
