Euro Panel Products zooms as its Eurobond brand commissions 2.2 MW solar plant in Surat
Euro Panel Products is currently trading at Rs. 164.30, up by 6.30 points or 3.99% from its previous closing of Rs. 158.00 on the BSE.
The scrip opened at Rs. 165.90 and has touched a high and low of Rs. 165.90 and Rs. 158.10 respectively. So far 3634 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 254.20 on 19-Aug-2025 and a 52 week low of Rs. 137.55 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 165.90 and Rs. 158.00 respectively. The current market cap of the company is Rs. 392.00 crore.
The promoters holding in the company stood at 63.93%, while Institutions and Non-Institutions held 1.29% and 34.78% respectively.
Euro Panel Products’ flagship brand -- Eurobond has officially launched operations at its new 2.2 MW grid connected solar facility in Moti Falod, Surat. This launch completes the third phase of a multi year energy expansion, bringing the company's total operational capacity to 3.6 MW. Most significantly, this new infrastructure allows Eurobond to offset 50% of its total factory power requirements through captive solar energy, an aggressive scale up from its previous 20% offset capability.
The plant is designed to generate 30 lakh units of clean electricity annually. This generated power is used to offset the facility's overall energy consumption, significantly cutting reliance on conventional power grids and directly eliminating the carbon emissions associated with traditional coal based electricity. This transition began with an initial 520 kW installation in 2020, expanded to 1.4 MW in 2024, and now reaches this major 50% offset milestone with the latest facility fully online.
As green building frameworks under the Indian Green Building Council place greater emphasis on supply chain transparency, developers and architects are actively seeking low-carbon building materials. Eurobond's operational clean energy setup and water reclamation systems offer architects and project planners clear environmental benchmarks, making it simpler for commercial and residential developments to achieve their green building certifications.
