KPI Green Energy shines on receiving order for execution of Solar Power Project
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KPI Green Energy is currently trading at Rs. 490.05, up by 12.65 points or 2.65% from its previous closing of Rs. 477.40 on the BSE.
The scrip opened at Rs. 488.00 and has touched a high and low of Rs. 495.00 and Rs. 485.25 respectively. So far 1828 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 515.35 on 21-Apr-2023 and a 52 week low of Rs. 191.63 on 11-May-2022.
Last one week high and low of the scrip stood at Rs. 508.85 and Rs. 469.05 respectively. The current market cap of the company is Rs. 1725.04 crore.
The promoters holding in the company stood at 54.81%, while Institutions and Non-Institutions held 2.55% and 42.64% respectively.
KPI Green Energy has received the order for execution of Solar Power Project of 35 MW capacity from Creative Technologies through KPIG Energia, a wholly owned subsidiary of the Company under ‘Captive Power Producer (CPP)’ segment of the Company. The aforementioned order is in lieu of the previous order of 33 MW capacity Solar Power Plant under CPP Segment which was announced earlier in December 2022.
KPI Green Energy (formerly known as K.P.I. 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.
