KP Energy zooms on bagging order for development of 8.1 MW Hybrid Power project
KP Energy is currently trading at Rs. 425.00, up by 10.55 points or 2.55% from its previous closing of Rs. 414.45 on the BSE.
The scrip opened at Rs. 427.00 and has touched a high and low of Rs. 435.00 and Rs. 401.20 respectively. So far 48530 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 488.55 on 09-Sep-2022 and a 52 week low of Rs. 85.60 on 08-Oct-2021.
Last one week high and low of the scrip stood at Rs. 468.85 and Rs. 401.20 respectively. The current market cap of the company is Rs. 455.77 crore.
The promoters holding in the company stood at 59.56% and Non-Institutions held 40.44%.
KP Energy has received order for development of 8.1 MW Hybrid Power project (comprising of 8.1 MW wind capacity and 6 MW Solar Capacity) in state of Gujarat for its captive customer Haq Steel and Metaliks. The project is scheduled for commissioning under the Gujarat Hybrid Power Policy, 2018. The company has offered turnkey Balance of Plant (BoP) solution best suitable to the captive customer for its hybrid Power Project for both wind and solar project capacity.
KP Energy engaged in operating solar and wind energy projects in India.