Gujarat Industries Power jumps on commissioning final phase of 600 MW Solar Power Project in Kutch
Gujarat Industries Power Company is currently trading at Rs. 159.10, up by 3.25 points or 2.09% from its previous closing of Rs. 155.85 on the BSE.
The scrip opened at Rs. 151.65 and has touched a high and low of Rs. 161.35 and Rs. 151.65 respectively. So far 20563 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 245.20 on 03-Jan-2025 and a 52 week low of Rs. 140.35 on 09-Dec-2025.
Last one week high and low of the scrip stood at Rs. 161.35 and Rs. 144.70 respectively. The current market cap of the company is Rs. 2461.72 crore.
The promoters holding in the company stood at 56.57%, while Institutions and Non-Institutions held 16.25% and 27.19% respectively.
Gujarat Industries Power Company has commissioned fifth and final phase of 135 MW out of 600 MW Solar Power Project (total capacity commenced 600 MW), located within the 2,375 MW Renewable Energy Park at Khavda, Great Rann of Kutch.
Earlier, the company had commissioned fourth phase of 150 MW out of 600 MW Solar Power Project.
Gujarat Industries Power Company is engaged in generation of power from gas, lignite, wind and solar. The Principal places of business are located in Gujarat, India.
