Insolation Energy jumps as its arm bags purchase orders worth Rs 62.40 crore
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Insolation Energy is currently trading at Rs. 1760.00, up by 41.55 points or 2.42% from its previous closing of Rs. 1718.45 on the BSE.
The scrip opened at Rs. 1700.00 and has touched a high and low of Rs. 1768.00 and Rs. 1700.00 respectively. So far 16500 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 1750.00 on 28-Mar-2024 and a 52 week low of Rs. 118.50 on 23-Jun-2023.
Last one week high and low of the scrip stood at Rs. 1768.00 and Rs. 1593.00 respectively. The current market cap of the company is Rs. 3666.43 crore.
The promoters holding in the company stood at 69.98%, while Non-Institutions held 30.02% stake in the company.
Insolation Energy’s wholly owned subsidiary -- Insolation Green Energy has bagged purchase orders worth Rs 62.40 crore (with GST) for the supply of Solar PV Modules Mono Perc M-10. Oswal Pumps has placed order worth Rs 56.27 crore (with GST), while Soyo Energies has awarded order worth Rs 6.13 crore (with GST) to Insolation Green Energy.
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.
