Taylormade Renewables touches roof on inking framework agreement with Internationally Accredited Aggregator
Taylormade Renewables is locked its upper circuit limit at Rs. 815.00, up by 38.80 points or 5.00% from its previous closing of Rs. 776.20 on the BSE.
The scrip opened at Rs. 815.00 and has touched a high and low of Rs. 815.00 and Rs. 815.00 respectively. So far 3400 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 815.00 on 24-Nov-2023 and a 52 week low of Rs. 26.75 on 24-Nov-2022.
Last one week high and low of the scrip stood at Rs. 815.00 and Rs. 650.00 respectively. The current market cap of the company is Rs. 904.07 crore.
The promoters holding in the company stood at 63.09%, while Non-Institutions held 36.91% in the company.
Taylormade Renewables (TRL) has entered into a Framework Agreement with an Internationally Accredited Aggregator for obtaining Water Credits & Carbon Credits for the Zero Liquid Discharge (ZLD) systems installed by TRL through which there will be more efficient end use of treated water generated from the ZLD system. The Water Credits thus obtained can be transacted on Trade Exchanges dealing in Water Quality Credit Trading (WQCT).
Obtaining and enabling Buying/ Selling of such Water Quality Credit Trading (WQCT), the industrial units installing ZLD to save fresh water will not only be encouraged but will also be compensated through revenue generated by sale of such water credits earned by the industrial unit and foster more Industries to become Waste Water Treatment Compliant.
By implementing such ZLD Systems, TRL will help industrial units, PSU’s and state municipalities to achieve their Water Neutrality targets and thus contribute responsibly towards conservation of environment. This also makes TRL a holistic solution provider for all types of Waste Water Treatment Problems.
Taylormade Renewables is primarily engaged in providing renewable energy solutions.