GRP soars on completing installation of solar power plants at Ankleshwar, Panoli facilities in Gujarat
GRP is currently trading at Rs. 1821.15, up by 23.45 points or 1.30% from its previous closing of Rs. 1797.70 on the BSE.
The scrip opened at Rs. 1830.00 and has touched a high and low of Rs. 1830.00 and Rs. 1821.15 respectively. So far 51 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2299.55 on 21-Oct-2025 and a 52 week low of Rs. 1500.00 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 1845.00 and Rs. 1,756.00 respectively. The current market cap of the company is Rs. 971.28 crore.
The promoters holding in the company stood at 40.05%, while Institutions and Non-Institutions held 0.02% and 59.93% respectively.
GRP has successfully completed the installation of solar power plants at Ankleshwar and Panoli facilities in Gujarat, and commenced commercial generation of solar power with effect from October 19, 2026. The 8 MWp project was completed with a Rs 2.60 crore cash investment.
It enables the company to procure solar power at a preferential tariff for its manufacturing units based out in Gujarat, thereby reducing overall energy costs and utilising environment friendly renewable green and sustainable energy.
