KPI Global Infrastructure jumps on signing long term PPA for sale of solar power
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KPI Global Infrastructure is currently trading at Rs. 454.55, up by 21.60 points or 4.99% from its previous closing of Rs. 432.95 on the BSE.
The scrip opened at Rs. 454.55 and has touched a high and low of Rs. 454.55 and Rs. 454.55 respectively. So far 7053 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 436.55 on 11-Jan-2022 and a 52 week low of Rs. 33.90 on 26-Mar-2021.
Last one week high and low of the scrip stood at Rs. 436.55 and Rs. 375.30 respectively. The current market cap of the company is Rs. 821.24 crore.
The promoters holding in the company stood at 54.45%, while Non-Institutions held 45.55% in the company.
KPI Global Infrastructure has signed new long term Power Purchase Agreement (PPA) for sale of 3.10 MW (AC) / 4.12 MW (DC) solar power with Cadila Healthcare - 1.80 (MW AC) - 2.40 (MW DC) and Organic Industries - 1.30 (MW AC) - 1.72 (MW DC) under Independent Power Producer (IPP) Segment of the Company.
KPI Global Infrastructure is a solar power generating company focused on providing solar power, both as an Independent Power Producer (IPP) under the brand name of ‘Solarism’ and as service provider to Captive Power Producer (CPP) customers.
