Hariom Pipe zooms as its arm installs 5 MW AC solar PV power project in Maharashtra
Hariom Pipe Industries is currently trading at Rs. 416.20, up by 34.35 points or 9.00% from its previous closing of Rs. 381.85 on the BSE.
The scrip opened at Rs. 382.35 and has touched a high and low of Rs. 428.75 and Rs. 382.35 respectively. So far 162280 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 572.10 on 22-Sep-2025 and a 52 week low of Rs. 268.25 on 13-Apr-2026.
Last one week high and low of the scrip stood at Rs. 428.75 and Rs. 377.50 respectively. The current market cap of the company is Rs. 1285.14 crore.
The promoters holding in the company stood at 57.26%, while Institutions and Non-Institutions held 9.55% and 33.19% respectively.
Hariom Pipe Industries’ subsidiary -- M/s Hariom Power and Energy has completed the installation of its 5 MW AC (6 MW DC) Solar PV Power Project located at Rupur Tanda, Aunda Nagnath Taluka, Hingoli, Maharashtra. The project has commenced power generation and is successfully exporting electricity to the Maharashtra State Electricity Distribution Company (MSEDCL) grid. This step marks a significant step forward in the Group's commitment to renewable energy and sustainable growth.
Further, the company has submitted an application to the Superintending Engineer (O&M), MSEDCL, for issuance of the Project Commissioning Certificate and will subsequently submit declaration of the Commercial Operation Date (COD). The same are currently awaited from MSEDCL and upon receipt of the aforesaid certificate and declaration of COD, the company shall make the necessary intimated to the Stock Exchanges.
