Shares of Vikram Solar Limited (NSE: VIKRAMSOLR) were in the spotlight on Tuesday morning after the stock surged more than 5% to hit a new 52-week high of ₹356.90 on the National Stock Exchange. At 10:04 AM IST, the stock was trading at ₹356.50, up ₹18.50 or 5.47% from the previous close of ₹332.00.
The stock opened on a positive note at ₹338.00 and quickly gathered momentum, touching an intraday high of ₹361.00 and a low of ₹333.65 during the early session. The VWAP (Volume Weighted Average Price) stood at ₹347.24, while the adjusted price was marked at ₹338.00.
Trading activity was robust, with over 161.60 lakh shares changing hands, amounting to a traded value of nearly ₹561.23 crore. The company’s market capitalization rose to around ₹12,907.87 crore, indicating strong investor interest.
On the technical side, Vikram Solar stock is currently trading well above its 52-week low of ₹333.65 (touched today itself) and at its 52-week high of ₹356.90 (also recorded today), suggesting heightened momentum and bullish sentiment.
Analysts note that the surge in Vikram Solar’s share price comes amid rising optimism for renewable energy stocks and supportive government policies in the clean energy sector. However, they also caution investors about possible volatility given the sharp movements.
Disclaimer:- This article is purely for informational purposes and should not be considered as investment advice, stock tips, or trading recommendations. Investors must conduct their own due diligence or consult a certified financial advisor before making any investment decisions.