KP Energy soars on getting Inter-State Electricity Trading Licence from CERC
KP Energy is currently trading at Rs. 370.85, up by 17.35 points or 4.91% from its previous closing of Rs. 353.50 on the BSE.
The scrip opened at Rs. 354.95 and has touched a high and low of Rs. 381.00 and Rs. 353.50 respectively. So far 46036 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 583.90 on 11-Jun-2025 and a 52 week low of Rs. 242.00 on 09-Mar-2026.
Last one week high and low of the scrip stood at Rs. 381.00 and Rs. 336.45 respectively. The current market cap of the company is Rs. 2496.31 crore.
The promoters holding in the company stood at 45.44%, while Institutions and Non-Institutions held 1.66% and 52.90% respectively.
KP Energy has been granted an Inter-State Electricity Trading Licence (Category V) by the Central Electricity Regulatory Commission (CERC), marking an important step in strengthening the company’s presence in India’s evolving power markets.
This approval authorises the company to undertake electricity trading across state boundaries, enabling participation in national power markets and enhancing the Company’s ability to align power sales with demand dynamics across regions. With this licence, the company is now positioned to participate in inter-state electricity trading seamlessly, expanding its commercial capabilities and laying the foundation for a broader power marketing platform.
