Vikram Solar Ltd Share Price – NSE /  BSE

Capital Goods - Electrical Equipment, Small Cap

PowerHive, the battery and energy storage arm of Vikram Solar, announced the launch of its flagship brand VION, marking the company's entry into distributed battery storage for electric mobility and residential energy backup.

VION is a next-generation lithium battery storage brand delivering reliable, high-performance solutions for everyday power needs. Built for the way energy is used in India, it prioritises safety, long service life, and consistent output across frequent cycling, variable loads, and demanding operating conditions. The initial portfolio includes five commercial battery products across three categories: inverter batteries, integrated inverter-battery solutions, and e-rickshaw batteries.

For homes, the portfolio includes 1.2 KWH to 15 KWH batteries designed for UPS and inverter systems, ensuring reliable power during outages. The batteries deliver over 3 hours, 6 hours, and 12 hours of backup, respectively, helping households stay powered for longer. The 5 KWH to 15 KWH packs can be used for running high power consuming appliances like AC during a power outage.

VION also introduces Integrated PowerStack 1.0, an all-in-one inverter and battery solution designed to make home power backup simpler and smarter. Available in a 1.2 KWH configuration, the system comes in wall-mounted and tabletop options, making it easy to fit into any home without taking up extra space.

The VION range also includes a 5 KWH E-Rickshaw battery, specifically designed for electric rickshaws. Built with advanced LiFePO?? prismatic cells and an AIS-156 compliant safety architecture, the battery is engineered to handle the demanding daily cycles of commercial three-wheelers and comes with a 36-month warranty.

The company has already secured a 100 MWH BESS order, demonstrating strong early market demand and meaningful progress toward winning long term, high capacity projects.

The launch aligns with Vikram Solar's strategy to expand into battery energy storage systems (BESS) and integrated clean energy solutions, as part of its broader roadmap to build 5 GWh BESS manufacturing capacity by FY27 and 7.5 GWh battery cell manufacturing capacity by FY29.

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Vikram Solar will hold a meeting of the Board of Directors of the Company on 11 March 2026.

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Vikram Solar has secured an order to supply 378.75 MW of high-efficiency modules for a major project tendered by NTPC Green Energy (INGEL), the renewable energy arm of NTPC.

The modules will be deployed near Nakhatrana in the Kutch district of Gujarat as part of the 600 MW solar project by Indian Oil NTPC Green Energy (INGEL), a joint venture between Indian Oil Corporation Limited and NTPC Green Energy, further reinforcing the company's presence in one of India's most strategically important renewable energy regions.

Under the scope of the order, the company will supply its advanced N-TOPCon modules, engineered to deliver enhanced performance, reliability, and energy yield in utility-scale installations. Delivery is expected to commence in FY26.

Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar, said: ?This order marks an important milestone for Vikram Solar as we commence our first engagement with INGEL on a large scale, strategically significant project in Gujarat. It reinforces our ability to deliver high-performance N-TOPCon technology for complex utility-scale deployments, backed by execution certainty and manufacturing strength. We see this as the beginning of a strong, long-term collaboration supporting India's accelerated clean energy transition.?

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NDL Ventures Ltd, Transworld Shipping Lines Ltd, Creative Eye Ltd and Shyam Telecom Ltd are among the other losers in the BSE's 'B' group today, 20 February 2026.

Vikram Solar Ltd lost 10.33% to Rs 193.65 at 14:30 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 3.57 lakh shares were traded on the counter so far as against the average daily volumes of 86869 shares in the past one month.

NDL Ventures Ltd tumbled 9.13% to Rs 114.1. The stock was the second biggest loser in 'B' group.On the BSE, 9818 shares were traded on the counter so far as against the average daily volumes of 10583 shares in the past one month.

Transworld Shipping Lines Ltd crashed 8.72% to Rs 144.4. The stock was the third biggest loser in 'B' group.On the BSE, 5723 shares were traded on the counter so far as against the average daily volumes of 2781 shares in the past one month.

Creative Eye Ltd corrected 8.03% to Rs 6.3. The stock was the fourth biggest loser in 'B' group.On the BSE, 8982 shares were traded on the counter so far as against the average daily volumes of 2201 shares in the past one month.

Shyam Telecom Ltd shed 7.83% to Rs 9.77. The stock was the fifth biggest loser in 'B' group.On the BSE, 15 shares were traded on the counter so far as against the average daily volumes of 1844 shares in the past one month.

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