{"id":146660,"date":"2026-07-10T09:49:27","date_gmt":"2026-07-10T04:19:27","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=146660"},"modified":"2026-07-10T09:49:28","modified_gmt":"2026-07-10T04:19:28","slug":"vikram-solar-share-price-130-mw-evervolt-solar-cell-pact","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/","title":{"rendered":"Vikram Solar Share Price Jumps 3.9% After 130 MW DCR-Compliant Solar Cell Supply Pact with Evervolt Solar Technology"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Vikram Solar share price Rs 200.74, up 3.87% (10 Jul, 9:15 AM). 130 MW Mono-PERC 10BB DCR-compliant solar cell supply pact with Evervolt Solar Technology India. Mcap Rs 7,008 crore. PE 14.9.<\/em><\/p>\n<p>The <strong>Vikram Solar share price<\/strong> jumped 3.87 percent to Rs 200.74 on 10 July 2026 after the solar module maker announced a strategic sourcing agreement. Vikram Solar has entered into a solar cell supply agreement with Evervolt Solar Technology India to procure Mono-PERC 10BB DCR-compliant solar cells with an aggregate capacity of 130 MW.<\/p>\n<p>The pact secures a domestic supply line for one of the most sought-after inputs in Indian solar manufacturing, at a time when Domestic Content Requirement projects are among the most profitable segments of the market.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#Vikram_Solar_Share_Price_and_Deal_Snapshot\" title=\"Vikram Solar Share Price and Deal Snapshot\">Vikram Solar Share Price and Deal Snapshot<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#Why_the_130_MW_DCR_Cell_Pact_Matters\" title=\"Why the 130 MW DCR Cell Pact Matters\">Why the 130 MW DCR Cell Pact Matters<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#Technology_Edge_Mono-PERC_10BB_Explained\" title=\"Technology Edge: Mono-PERC 10BB Explained\">Technology Edge: Mono-PERC 10BB Explained<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#What_the_Pact_Means_for_the_Vikram_Solar_Share_Price\" title=\"What the Pact Means for the Vikram Solar Share Price\">What the Pact Means for the Vikram Solar Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#About_Vikram_Solar\" title=\"About Vikram Solar\">About Vikram Solar<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#Policy_Tailwinds_Powering_the_Sector\" title=\"Policy Tailwinds Powering the Sector\">Policy Tailwinds Powering the Sector<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#Financial_Standing_and_Execution_Watchpoints\" title=\"Financial Standing and Execution Watchpoints\">Financial Standing and Execution Watchpoints<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#Vikram_Solar_Share_Price_Since_Listing_Finding_Its_Range\" title=\"Vikram Solar Share Price Since Listing: Finding Its Range\">Vikram Solar Share Price Since Listing: Finding Its Range<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#FAQs_on_Vikram_Solar_Share_Price_and_the_Evervolt_Pact\" title=\"FAQs on Vikram Solar Share Price and the Evervolt Pact\">FAQs on Vikram Solar Share Price and the Evervolt Pact<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#Why_is_the_Vikram_Solar_share_price_rising_today\" title=\"Why is the Vikram Solar share price rising today?\">Why is the Vikram Solar share price rising today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#What_is_the_Vikram_Solar_and_Evervolt_agreement_about\" title=\"What is the Vikram Solar and Evervolt agreement about?\">What is the Vikram Solar and Evervolt agreement about?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#What_are_DCR-compliant_solar_cells\" title=\"What are DCR-compliant solar cells?\">What are DCR-compliant solar cells?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#What_is_Mono-PERC_10BB_technology\" title=\"What is Mono-PERC 10BB technology?\">What is Mono-PERC 10BB technology?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#Why_does_the_DCR_cell_supply_matter_for_Vikram_Solar\" title=\"Why does the DCR cell supply matter for Vikram Solar?\">Why does the DCR cell supply matter for Vikram Solar?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#What_are_Vikram_Solars_key_fundamentals\" title=\"What are Vikram Solar&#8217;s key fundamentals?\">What are Vikram Solar&#8217;s key fundamentals?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/vikram-solar-share-price-130-mw-evervolt-solar-cell-pact\/#Should_investors_buy_Vikram_Solar_after_this_agreement\" title=\"Should investors buy Vikram Solar after this agreement?\">Should investors buy Vikram Solar after this agreement?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Vikram_Solar_Share_Price_and_Deal_Snapshot\"><\/span><strong>Vikram Solar Share Price and Deal Snapshot<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Stock<\/td>\n<td><a href=\"https:\/\/univest.in\/stocks\/vikramsolr\/vikram-solar-ltd-share-price-today\">Vikram Solar<\/a><\/td>\n<\/tr>\n<tr>\n<td>CMP (10 July 2026, 9:15 AM)<\/td>\n<td>Rs 200.74 (+3.87%)<\/td>\n<\/tr>\n<tr>\n<td>Supplier<\/td>\n<td>Evervolt Solar Technology India<\/td>\n<\/tr>\n<tr>\n<td>Supply Scope<\/td>\n<td>Mono-PERC 10BB DCR-compliant solar cells, 130 MW aggregate<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 7,008 crore<\/td>\n<\/tr>\n<tr>\n<td>P\/E vs Industry P\/E<\/td>\n<td>14.9 vs 47.32<\/td>\n<\/tr>\n<tr>\n<td>ROE \/ Debt to Equity<\/td>\n<td>14.85% \/ 0.20<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/sebi-registered-investment-advisor-india\"><strong>Evaluate Solar Sector Bets with a SEBI-Registered Investment Advisor<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_the_130_MW_DCR_Cell_Pact_Matters\"><\/span><strong>Why the 130 MW DCR Cell Pact Matters<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>DCR, or Domestic Content Requirement, projects mandate the use of India-made solar cells and modules and span flagship schemes such as PM Surya Ghar rooftop solar, PM-KUSUM and CPSU tenders. Because domestic cell capacity remains scarce relative to module capacity, manufacturers with assured DCR cell supply enjoy both pricing power and eligibility for this premium project pipeline.<\/p>\n<p>By locking in 130 MW of Mono-PERC 10BB cells from Evervolt Solar Technology India, Vikram Solar reduces its dependence on constrained spot supply and positions itself to convert DCR tenders into revenue with certainty on input availability.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Technology_Edge_Mono-PERC_10BB_Explained\"><\/span><strong>Technology Edge: Mono-PERC 10BB Explained<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mono-PERC cells use monocrystalline silicon with a passivated rear surface that captures more light, delivering higher conversion efficiency than older multicrystalline designs. The 10BB, or ten busbar, architecture spreads current collection across more ribbons, cutting resistive losses and micro-crack sensitivity. Modules built on these cells offer higher wattage per panel, a decisive factor in rooftop and land-constrained projects.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_the_Pact_Means_for_the_Vikram_Solar_Share_Price\"><\/span><strong>What the Pact Means for the Vikram Solar Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The market&#8217;s positive reaction reflects improved earnings visibility in the high-margin DCR segment. Notably, the Vikram Solar share price trades at a price to earnings ratio of about 14.9 against an industry average near 47, with a healthy 14.85 percent return on equity and low leverage. Supply security that supports order conversion strengthens the case for that valuation gap to narrow.<\/p>\n<p>Investors tracking the Vikram Solar share price should watch module despatch volumes, DCR order wins, the ramp-up of the company&#8217;s own cell manufacturing plans and polysilicon price trends that influence industry margins.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"About_Vikram_Solar\"><\/span><strong>About Vikram Solar<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Kolkata-headquartered Vikram Solar is one of India&#8217;s largest solar photovoltaic module manufacturers, with over a decade and a half of operating history, a multi-gigawatt module manufacturing capacity spanning facilities in West Bengal and Tamil Nadu, and a customer base across utility-scale developers, public sector tenders and international markets. The company listed on the exchanges in 2025 and has been scaling capacity aggressively to capture India&#8217;s solar manufacturing push.<\/p>\n<p>Its strategic roadmap includes backward integration into cell manufacturing, which would internalise the very input this agreement currently secures externally. Until that capacity is commissioned, supply pacts with domestic cell producers such as Evervolt bridge the gap and keep the DCR order engine running, a prerequisite for sustained gains in the Vikram Solar share price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Policy_Tailwinds_Powering_the_Sector\"><\/span><strong>Policy Tailwinds Powering the Sector<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Indian solar manufacturing enjoys layered policy support: the Approved List of Models and Manufacturers restricts imports in government-linked projects, production linked incentive schemes subsidise integrated manufacturing, basic customs duty protects against low-priced imports, and demand-side programmes such as PM Surya Ghar target rooftop installations at an unprecedented scale. Together, these measures have created a protected, fast-growing domestic market where DCR-compliant supply chains command premium realisations, the profit pool that ultimately drives the Vikram Solar share price.<\/p>\n<p>The constraint has been domestic cell availability, which lags module capacity by a wide margin. Agreements like the Vikram Solar and Evervolt pact are therefore competitive weapons: they convert scarce cell supply into secured module output for the most profitable tender categories.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Financial_Standing_and_Execution_Watchpoints\"><\/span><strong>Financial Standing and Execution Watchpoints<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Vikram Solar combines a market capitalisation of about Rs 7,008 crore with moderate valuations at roughly 14.9 times earnings, well below the industry average near 47, a return on equity of 14.85 percent and conservative leverage at 0.2 times debt to equity. The watchpoints from here are execution driven: timely receipt and quality of the contracted 130 MW of cells, conversion of the DCR order pipeline into billed revenue, progress on the company&#8217;s own cell manufacturing plans, and module realisation trends as new industry capacity comes online.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Vikram_Solar_Share_Price_Since_Listing_Finding_Its_Range\"><\/span><strong>Vikram Solar Share Price Since Listing: Finding Its Range<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Vikram Solar share price has been carving out its post-listing identity through 2026, with the stock responding sharply to order announcements, capacity updates and policy headlines in the solar value chain. Friday&#8217;s move to Rs 200.74, with an intraday high of Rs 202.81, extends a recovery from recent consolidation and puts the psychologically important Rs 200 mark back in play as the battleground level for the Vikram Solar share price.<\/p>\n<p>What distinguishes the Vikram Solar share price within the listed solar pack is its valuation gap: at roughly 14.9 times earnings against an industry average near 47, the market is pricing meaningful scepticism, likely reflecting the competitive intensity as new module capacity floods the industry. Supply agreements that secure DCR cell access, like the Evervolt pact, directly attack that scepticism by protecting the highest-margin slice of the order book. A couple of quarters of clean execution and improving realisations would give the Vikram Solar share price a credible case for narrowing the discount to sector peers.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Vikram Solar live prices and renewable energy sector research.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The 130 MW DCR-compliant cell supply agreement with Evervolt Solar Technology is a practical, margin-focused move that secures Vikram Solar&#8217;s access to India&#8217;s most profitable solar project segment. The 3.87 percent rise in the Vikram Solar share price on 10 July 2026 signals investor approval, and consistent execution on DCR orders could keep the re-rating case alive given the stock&#8217;s discount to sector valuations. Execution over the next two quarters will decide how much of that policy tailwind the Vikram Solar share price actually captures.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Vikram_Solar_Share_Price_and_the_Evervolt_Pact\"><\/span><strong>FAQs on Vikram Solar Share Price and the Evervolt Pact<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_the_Vikram_Solar_share_price_rising_today\"><\/span><strong>Why is the Vikram Solar share price rising today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Vikram Solar share price is up about 3.87 percent at Rs 200.74 on 10 July 2026 after the company signed a solar cell supply agreement with Evervolt Solar Technology India to procure Mono-PERC 10BB DCR-compliant solar cells with an aggregate capacity of 130 MW.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Vikram_Solar_and_Evervolt_agreement_about\"><\/span><strong>What is the Vikram Solar and Evervolt agreement about?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Vikram Solar has entered into a supply agreement under which Evervolt Solar Technology India will supply Mono-PERC 10BB DCR-compliant solar cells with a total capacity of 130 MW, securing a domestic input source for Vikram Solar&#8217;s module manufacturing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_DCR-compliant_solar_cells\"><\/span><strong>What are DCR-compliant solar cells?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> DCR stands for Domestic Content Requirement. DCR-compliant cells are manufactured in India and qualify for government schemes such as PM-KUSUM, PM Surya Ghar rooftop solar and CPSU projects, which mandate domestically produced cells and modules.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Mono-PERC_10BB_technology\"><\/span><strong>What is Mono-PERC 10BB technology?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mono-PERC refers to monocrystalline passivated emitter and rear cell technology, which delivers higher efficiency than conventional cells. The 10BB or ten busbar design reduces resistive losses and improves current collection, boosting module output and reliability.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_does_the_DCR_cell_supply_matter_for_Vikram_Solar\"><\/span><strong>Why does the DCR cell supply matter for Vikram Solar?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Securing 130 MW of DCR-compliant cells allows Vikram Solar to bid confidently for lucrative government-backed projects that require domestic content, protecting it from import restrictions under ALMM norms and strengthening margins in a high-demand segment.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Vikram_Solars_key_fundamentals\"><\/span><strong>What are Vikram Solar&#8217;s key fundamentals?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Vikram Solar trades around Rs 200.74 with a market capitalisation of about Rs 7,008 crore, a price to earnings ratio near 14.9 against an industry average of about 47, a return on equity of 14.85 percent and low leverage with a debt to equity ratio of 0.2.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_investors_buy_Vikram_Solar_after_this_agreement\"><\/span><strong>Should investors buy Vikram Solar after this agreement?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The pact strengthens supply security in a policy-favoured segment, and the stock trades at a discount to industry valuations, but investors should assess execution, order book conversion and sector competition, and consult a SEBI-registered investment advisor. This article is educational and not investment advice.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why is the Vikram Solar share price rising today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Vikram Solar share price is up about 3.87 percent at Rs 200.74 on 10 July 2026 after the company signed a solar cell supply agreement with Evervolt Solar Technology India to procure Mono-PERC 10BB DCR-compliant solar cells with an aggregate capacity of 130 MW.\"}},{\"@type\":\"Question\",\"name\":\"What is the Vikram Solar and Evervolt agreement about?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Vikram Solar has entered into a supply agreement under which Evervolt Solar Technology India will supply Mono-PERC 10BB DCR-compliant solar cells with a total capacity of 130 MW, securing a domestic input source for Vikram Solar's module manufacturing.\"}},{\"@type\":\"Question\",\"name\":\"What are DCR-compliant solar cells?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"DCR stands for Domestic Content Requirement. 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