Vikram Solar Limited (NSE: VIKRAMSOLR) has secured a significant 187 MW module supply order from a leading renewable energy developer for solar projects in Karnataka and Tamil Nadu. This order underscores Vikram Solar’s commitment to advancing its technology capabilities and maintaining high manufacturing and execution standards. The company will supply its high-efficiency N-Type TOPCon G12R modules, featuring glass-to-glass construction and bifacial technology, with power ratings ranging from 615 – 625 Wp.

Strengthening Market Presence

This engagement builds on Vikram Solar’s existing association with the developer, reflecting continued confidence in the company’s technology portfolio and execution capabilities. The order adds to Vikram Solar’s growing pipeline as an integrated domestic manufacturer at a time when India is scaling up toward its target of 500 GW of non-fossil capacity.

Commitment to Clean Energy Transition

With ongoing expansion in high-efficiency cell manufacturing and sustained demand from leading developers, Vikram Solar continues to strengthen its order book and its contribution to the country’s clean energy transition. Mr. Sameer Nagpal, Chief Executive Officer, Vikram Solar, said, “As India’s solar sector continues to scale, the focus is increasingly on technologies that can deliver performance, reliability, and long-term value across utility-scale projects. At Vikram Solar, we remain committed to advancing our technology capabilities and maintaining the manufacturing and execution standards that our customers expect, delivering dependable, high-efficiency solar solutions that support the evolving needs of India’s renewable energy sector.”

For further information, please contact Srabani Sen | Vikram Solar | Mobile: +91 7349 661300 | Email: [email protected]

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Vikram Solar Limited

Vikram Solar Limited belongs to the Technology › Solar sector. Here’s a quick read on where the business and the stock stand today.

Vikram drops 24.7% over three months and trades near its 52-week lows. The PEG of 0.07 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Thin margins at 6.8% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock sits at 3% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. The business compounds at 32.3% revenue and 219.0% profit CAGR, with D/E of 0.22. Yet the stock drops 24.7% in three months. The business does not deteriorate — the stock does. That gap is what long-term investors look for. Check Fundamentals of Vikram Solar Limited.

Premier Energies Limited (NSE: PREMIERENE) has announced securing new orders worth ₹4,001 crore in the July-September quarter of FY 2027. These orders, coming from major power producers, module manufacturers, EPC companies, and other customers, are for a mix of solar cell and module supplies totaling 2,308 MW and EPC project execution. This strong order inflow supports the company’s growth as it continues to expand its manufacturing capabilities.

Manufacturing Capacity Expansion

The company’s total module manufacturing capacity has nearly doubled to 11.1 GW, while the solar cell manufacturing capacity has increased from 3.6 GW to 10.6 GW following the commissioning of a 7 GW TOPCon solar cell manufacturing facility last month at Naidupeta, Andhra Pradesh. Premier Energies Limited is now setting up 10 GW ingot-wafer manufacturing capacity for backward integration and 12 GWh battery container manufacturing capacity for diversifying its product portfolio.

Market Validation

Commenting on the development, Mr. Chiranjeev Saluja, Managing Director, Premier Energies, said: “Our growing order book is a strong validation of our growth strategy and execution ability. The Indian solar market is extremely demanding with customers looking for scale, bankability, and latest technology. As India’s largest integrated solar manufacturer, we are ready to serve the needs of customers across market segments.”

Premier Energies Limited is a publicly listed company and one of India’s leading integrated solar manufacturers. With more than 30 years of solar manufacturing expertise, the company is known for its focus on technology innovation, sustainability, and an employee-centric culture. Premier Energies manufactures high-efficiency solar cells and modules as well as a full range of power transformers.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Premier Energies Limited

Premier Energies Limited belongs to the Technology › Solar sector. Here’s a quick read on where the business and the stock stand today.

Premier falls 19.9% over three months and has not found a floor yet. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. No meaningful dividend — total return is entirely dependent on capital appreciation. The stock holds at 50% of its 52-week range with RSI at 42. In other words, neither side has a clear edge right now. Revenue grows at 76.2% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Premier Energies Limited.

Solex Energy Limited (NSE: SOLEX) and its wholly owned subsidiary, Solex Green Energy Private Limited, have secured two work orders aggregating to ₹194.14 crore, inclusive of applicable taxes, for the supply of advanced TOPCon solar PV modules to domestic entities operating in the power and electricity sector. Solex Green Energy Private Limited has secured a work order valued at ₹180.98 crore for the supply of TOPCon Bifacial Glass to Glass (G2G) Solar PV Modules. Separately, Solex Energy Limited has secured a work order valued at ₹13.16 crore for the supply of TOPCon Bifacial Glass to Glass Solar PV Modules. Together, the two orders reinforce the growing business momentum across the Solex Group and strengthen its position as a reliable supplier of high performance solar PV modules for India’s expanding renewable energy ecosystem.

Significant Growth in Order Pipeline

The orders also add to the Group’s order pipeline as Solex continues to scale its manufacturing capabilities and expand its presence across the solar value chain. The company’s state-of-the-art facilities in Surat, Gujarat, focus on advanced manufacturing processes, quality systems, and product reliability. These certifications and listings reinforce the Company’s focus on maintaining stringent quality, safety, and performance standards across its product portfolio.

Expanding Manufacturing and Market Reach

With close to three decades of presence in the solar sector, Solex has developed partnerships across utility, commercial, industrial, and public sector installations in India and international markets. Under its Vision 2030 roadmap, Solex is focused on expanding manufacturing scale, strengthening quality and technology capabilities, enhancing export readiness, and developing a skilled sector workforce. As the Company and its subsidiary continue to expand their presence across the renewable energy value chain, they remain focused on delivering reliable, high efficiency solar solutions and supporting India’s transition towards a cleaner energy future.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Solex Energy Limited

Solex Energy Limited belongs to the Technology › Solar sector. Here’s a quick read on where the business and the stock stand today.

Solex drops 32.2% over three months and trades near its 52-week lows. The PEG of 0.04 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock sits at 2% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 115.5% and profits at 228.4% CAGR, with D/E of 0.00. Meanwhile, the stock dips 32.2% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Solex Energy Limited.