Insolation Energy rises as its arm bags project order worth Rs 232.36 crore
Insolation Energy is currently trading at Rs. 183.50, up by 0.40 points or 0.22% from its previous closing of Rs. 183.10 on the BSE.
The scrip opened at Rs. 185.00 and has touched a high and low of Rs. 185.00 and Rs. 182.00 respectively. So far 64000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 1 has touched a 52 week high of Rs. 475.00 on 08-Nov-2024 and a 52 week low of Rs. 157.50 on 20-Oct-2025.
Last one week high and low of the scrip stood at Rs. 198.00 and Rs. 171.05 respectively. The current market cap of the company is Rs. 4044.40 crore.
The promoters holding in the company stood at 66.02%, while Institutions and Non-Institutions held 1.36% and 32.62% respectively.
Insolation Energy’s subsidiary -- Insolation Green Infra has secured a turnkey project order worth Rs 232.36 crore (excluding GST) from Silgo Retail. The order is for design, development, engineering, manufacturing, supply & supervision of erection, testing & commissioning of Grid Synchronized Solar Power Plant rating 54 MW AC (70.20 MWp DC Power Plant) at various locations in Rajasthan under KUSUM Scheme. The order is to be executed within financial years 2025-27.
Insolation Energy is a national solar energy provider. Its portfolio covers both Poly and Mono crystalline modules and new innovative products such as Twin power, Dual glass (Glass to Glass), BIPV, Poly, Mono & Mono PERC.
