GK Energy soars on bagging LoE for Rs 353.89 crore solar pump order in Maharashtra
GK Energy is currently trading at Rs. 134.95, up by 5.60 points or 4.33% from its previous closing of Rs. 129.35 on the BSE.
The scrip opened at Rs. 131.80 and has touched a high and low of Rs. 136.80 and Rs. 129.60 respectively. So far 77500 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 239.45 on 23-Oct-2025 and a 52 week low of Rs. 87.54 on 02-Apr-2026.
Last one week high and low of the scrip stood at Rs. 141.16 and Rs. 90.87 respectively. The current market cap of the company is Rs. 2738.03 crore.
The promoters holding in the company stood at 79.20%, while Institutions and Non-Institutions held 9.08% and 11.73% respectively.
GK Energy has received a Letter of Empanelment (LoE) from Maharashtra State Electricity Distribution Company for 15,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps of 3 HP, 5 HP, 7.5 HP for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Yojana. The total value of the 15,000 pumps is Rs 353.89 crore (inclusive of GST) which is to be executed within 60 days from the issuance of work order/NTP.
