Sunshine Capital touches roof on getting nod to launch Solar Energy Finance products
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Sunshine Capital is locked its upper circuit limit at Rs. 2.21, up by 0.10 points or 4.74% from its previous closing of Rs. 2.11 on the BSE.
The scrip opened at Rs. 2.20 and has touched a high and low of Rs. 2.21 and Rs. 2.20 respectively. So far 6467502 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 4.13 on 15-Apr-2024 and a 52 week low of Rs. 1.22 on 29-Dec-2023.
Last one week high and low of the scrip stood at Rs. 2.21 and Rs. 1.92 respectively. The current market cap of the company is Rs. 1155.65 crore.
The promoters holding in the company stood at 1.10%, while Non-Institutions held 98.90% stake in the company.
Sunshine Capital has received approval to launch Solar Energy Finance products focused on financing solar energy adoption. These are proposed to be aimed at facilitating the green energy adoption by consumers through accessible and flexible financing options.
Its offerings will simplify the process for homeowners to invest in solar panel installations, making green energy solutions more attainable. With flexible loan solutions, these loan products will enable more individuals to transition to renewable energy sources, thereby reducing their carbon footprint and supporting sustainable living practices. The Board of Directors of the company in its meeting held on December 3, 2024, has approved the same.
Sunshine Capital is engaged in providing contemporary investment and financial services.
