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Insolation Energy soars as its arm bags purchase order worth Rs 34.21 crore
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Insolation Energy is currently trading at Rs. 3811.05, up by 63.90 points or 1.71% from its previous closing of Rs. 3747.15 on the BSE.
The scrip opened at Rs. 3778.00 and has touched a high and low of Rs. 3950.00 and Rs. 3671.00 respectively. So far 31400 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 3,950.00 on 28-Aug-2024 and a 52 week low of Rs. 345.00 on 04-Sep-2023.
Last one week high and low of the scrip stood at Rs. 3950.00 and Rs. 3355.00 respectively. The current market cap of the company is Rs. 7732.84 crore.
The promoters holding in the company stood at 69.98%, while Non-Institutions held 30.02% in the company.
Insolation Energy’s wholly owned subsidiary -- Insolation Green Energy has bagged purchase order worth Rs 34.21 crore (including GST) from Rays Green Energy Manufacturing. The purchase order is for the supply of 545WP Solar PV Panels. The order is to be executed within FY 2024-25.
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.
