Powerica surges on getting LoA from Solar Energy Corporation of India
Powerica is currently trading at Rs. 530.95, up by 8.05 points or 1.54% from its previous closing of Rs. 522.90 on the BSE.
The scrip opened at Rs. 519.25 and has touched a high and low of Rs. 532.00 and Rs. 510.50 respectively. So far 20084 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 675.00 on 24-Jun-2026 and a 52 week low of Rs. 365.10 on 02-Apr-2026.
Last one week high and low of the scrip stood at Rs. 555.00 and Rs. 507.75 respectively. The current market cap of the company is Rs. 6680.67 crore.
The promoters holding in the company stood at 77.18%, while Institutions and Non-Institutions held 18.63% and 4.19% respectively.
Powerica has received a Letter of Award (LoA) from Solar Energy Corporation of India (SECI) for Supply of Power from 100MW Wind Power Project in the state of Gujarat at a tariff of Rs 3.85/kWh for 25 years. The project shall be commissioned within 24 months from the date of Power Purchase Agreement (PPA).
