KPI Green Energy hits upper circuit on signing contract agreement with Coal India
KPI Green Energy is locked its upper circuit limit at Rs. 349.95, up by 16.65 points or 5.00% from its previous closing of Rs. 333.30 on the BSE.
The scrip opened at Rs. 349.95 and has touched a high and low of Rs. 349.95 and Rs. 349.95 respectively. So far 21424 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 744.00 on 12-Aug-2024 and a 52 week low of Rs. 312.95 on 29-Jan-2025.
Last one week high and low of the scrip stood at Rs. 367.00 and Rs. 312.95 respectively. The current market cap of the company is Rs. 6890.19 crore.
The promoters holding in the company stood at 48.78%, while Institutions and Non-Institutions held 10.60% and 40.62% respectively.
KPI Green Energy has successfully signed contract agreement with Coal India to develop a 300 MWAC grid-connected ground-mounted solar PV plant with Operation & Maintenance (O&M) services for five years at GIPCL’s Solar Park in Khavda, Gujarat. The contract price is Rs 1,311.40 crore, with completion expected by November 2025.
KPI Green Energy (formerly known as K.P.I. Global Infrastructure) is a solar power generating company focused on providing solar power, both as an Independent Power Producer (IPP) under the brand name of ‘Solarism’ and as service provider to Captive Power Producer (CPP) customers.
