Insolation Energy gains as its arm commercializes production of 600MW
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Insolation Energy is currently trading at Rs. 425.00, up by 5.80 points or 1.38% from its previous osing of Rs. 419.20 on the BSE.
The scrip opened at Rs. 440.15 and has touched a high and low of Rs. 440.15 and Rs. 421.10 respectively. So far 62000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 440.15 on 20-Sep-2023 and a 52 week low of Rs. 72.55 on 10-Oct-2022.
Last one week high and low of the scrip stood at Rs. 440.15 and Rs. 379.75 respectively. The current market cap of the company is Rs. 873.28 crore.
The promoters holding in the company stood at 69.89%, while Non-Institutions held 30.11% stake in the company.
Insolation Energy’s wholly owned subsidiary -- Insolation Green Energy has commercialized production of 600MW. The company shall manufacture Mono & Bifacial half-cut technology solar panels as well as Topcon panels, Mono-Perc panels etc. The total operating capacity of the company is now 750MW. It shall look to add another line in Insolation Green by the end of the calendar year and ramp up capacity to 950MW.
Insolation Energy is a national solar energy provider and has set up a state of the art fully automatic solar PV module manufacturing plant at Jaipur.
