Vikram Solar Share Price Target From 2026 to 2030: Vikram Solar is one of India’s leading solar energy companies, primarily engaged in the manufacturing of solar photovoltaic (PV) modules. Along with solar panels, the company also offers engineering, procurement, and construction (EPC) services and operations & maintenance (O&M) for solar power plants. Vikram Solar plays an important role in supporting India’s renewable energy mission and the ambitious 500-GW clean energy target. By adopting advanced technologies such as bifacial and high-efficiency modules, the company aims to make solar power more affordable and scalable. In this article, we will discuss Vikram Solar’s share price target from 2026 to 2030, along with its fundamental analysis and shareholding pattern.
📦 Key Highlights
- Strong presence in India’s fast-growing solar manufacturing sector
- Benefiting from government support for renewable energy
- Focus on capacity expansion and advanced solar technologies
- Long-term growth outlook supported by global clean-energy demand
Vikram Solar Fundamental Analysis
- Market Cap: ₹8,593 Cr.
- ROE: 12.59%
- P/E Ratio: 23.14
- P/B Ratio: 2.91
- Debt-to-Equity: 0.09
- EPS (TTM): 10.25
- Dividend Yield: 0.00%
- Book Value: ₹81.42
- Face Value: ₹10
These fundamentals indicate that Vikram Solar maintains a healthy balance sheet with low debt, while operating in a sector that is expected to grow strongly over the next decade.
📊 Price & Market Snapshot
- Strong long-term trend supported by renewable energy policies
- Periodic volatility due to raw-material prices and global market conditions
- Investor sentiment remains positive for long-term renewable plays
- Stock performance closely linked to project wins and capacity expansion news
Vikram Solar Share Price Target 2026
In 2026, Vikram Solar is expected to benefit from rising domestic solar installations and continued government incentives. The company’s expanding order book and improving manufacturing efficiency are likely to support revenue growth. Market experts estimate that the share price could move between a minimum of ₹237 and a maximum of ₹280 during this year. This phase will help the company strengthen its base and improve profitability. If macro-economic conditions remain stable, these targets appear achievable.
Vikram Solar Share Price Target 2027
By 2027, Vikram Solar is expected to scale up its production capacity further, which can significantly enhance its market position. Increased demand for solar modules, both domestically and globally, will support higher revenues. During this year, the stock is projected to trade between a minimum of ₹280 and a maximum of ₹320. Although short-term volatility may be present, long-term investors could see steady value creation as the company executes its growth plans.
Vikram Solar Share Price Target 2028
In 2028, the adoption of new technologies and improved operational efficiency could give Vikram Solar a competitive advantage. The company is likely to play a key role in meeting India’s green-energy targets, which will strengthen its long-term prospects. The expected share price range for this year is a minimum of ₹320 and a maximum of ₹355. Strong cash flows and expanding market share may continue to support positive momentum.
Vikram Solar Share Price Target 2029
By 2029, Vikram Solar is expected to expand its operations further and benefit from the global shift toward sustainable energy solutions. New partnerships, export opportunities, and product diversification could drive additional growth. The share price target for this year is estimated at a minimum of ₹355 and a maximum of ₹390. This period could mark a significant valuation re-rating for the company if financial performance remains strong.
Vikram Solar Share Price Target 2030
In 2030, Vikram Solar is expected to emerge as a major player in the solar energy space, supported by long-term renewable energy demand. Its contribution to India’s net-zero goals and strategic diversification may reduce business risks and enhance stability. The share price is projected to range between a minimum of ₹390 and a maximum of ₹450. For long-term investors, this year could deliver strong returns if the company continues on its growth trajectory.
⚠️ Risk & Opportunity
Risks
- Dependence on imported raw materials can impact margins
- High competition in the solar manufacturing sector
- Profitability sensitive to policy changes and global price fluctuations
Opportunities
- Strong government push for renewable energy in India
- Rising global demand for solar modules
- Capacity expansion and adoption of advanced technologies
Vikram Solar Share Price Target From 2026 to 2030
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹237 | ₹280 |
| 2027 | ₹280 | ₹320 |
| 2028 | ₹320 | ₹355 |
| 2029 | ₹355 | ₹390 |
| 2030 | ₹390 | ₹450 |
Vikram Solar Shareholding Pattern
- Retail and Others: 28.59%
- Promoters: 63.12%
- Foreign Institutions: 2.09%
- Mutual Funds: 4.16%
- Other Domestic Institutions: 2.04%
High promoter holding reflects strong confidence in the company’s long-term growth potential.
Disclaimer
This article is for educational and informational purposes only. It should not be considered as investment advice. Always consult your financial advisor before making any investment decisions.
