01-01-1970 12:00 AM | Source: Accord Fintech
Swelect Energy Systems zooms as its arm commissions 7 MW solar power plant
News By Tags | #7182 #572 #1291

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Swelect Energy Systems is currently trading at Rs. 355.30, up by 17.70 points or 5.24% from its previous closing of Rs. 337.60 on the BSE.

The scrip opened at Rs. 344.85 and has touched a high and low of Rs. 358.25 and Rs. 343.00 respectively. So far 3088 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 468.85 on 26-Apr-2022 and a 52 week low of Rs. 262.90 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 358.25 and Rs. 321.95 respectively. The current market cap of the company is Rs. 540.11 crore.

The promoters holding in the company stood at 56.37%, while Non-Institutions held 43.63% stake in the company respectively.

Swelect Energy Systems’ subsidiary company – Swelect Taiyo Energy has successfully commissioned 7 MW solar power plant under Group Captive User model at Singalandhapuram Village and Vadakkuveli Village, Thuraiyur Taluk, Trichy District, Tamil Nadu on April 21, 2023.

Swelect Energy Systems (formerly known as Numeric Power Systems) is one of the leading Solar Power Systems Company with a strong presence in global energy market for over 35 years.