KP Energy touches roof on receiving new order for development of 9MW wind power project
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KP Energy is currently trading at its upper circuit limit of Rs. 409.85, up by 19.50 points or 5.00% from its previous closing of Rs. 390.35 on the BSE.
The scrip opened at Rs. 409.85 and has touched a high and low of Rs. 409.85 and Rs. 409.85 respectively. So far 138952 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 465.00 on 26-Feb-2024 and a 52 week low of Rs. 58.67 on 11-May-2023.
Last one week high and low of the scrip stood at Rs. 409.85 and Rs. 335.00 respectively. The current market cap of the company is Rs. 2603.24 crore.
The promoters holding in the company stood at 44.80%, while Institutions and Non-Institutions held 0.33% and 54.87% respectively.
KP Energy has received new order for development of 9MW wind power project forming part of the wind-solar hybrid power project to be developed in Gujarat. This project is awarded by Bhathwari Technologies to the company under Captive Power Project segment. The Project shall be connected to State Transmission Utility (STU) network. The project includes both supply and service for development of the project on turnkey basis. The project is scheduled to be completed in the financial year 2024-25.
KP Energy is engaged in operating solar and wind energy projects in India.
