Gujarat Industries Power Company (GIPCL) is currently trading at Rs. 75.65, up by 1.70 points or 2.30% from its previous closing of Rs. 73.95 on the BSE.
The scrip opened at Rs. 76.00 and has touched a high and low of Rs. 76.80 and Rs. 75.65 respectively.
The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 94.40 on 10-Aug-2015 and a 52 week low of Rs. 65.50 on 25-Aug-2015.
Last one week high and low of the scrip stood at Rs. 76.80 and Rs. 71.25 respectively. The current market cap of the company is Rs. 1,144.00 crore.
The promoters holding in the company stood at 58.21% while Institutions and Non-Institutions held 27.57% and 14.23% respectively.
Gujarat Industries Power Company (GIPCL) has inked following agreements on September 30, 2015, under the Power System Development Fund (PSDF) Support Scheme (Phase II) of the MoP, Government, of India, for Gas based Power Plants receiving domestic gas (DGP).
The company has signed PSDF Support Agreement with MoP, Gol, to generate and supply incremental 17.59 Million Units (MUs) of electricity to the state grid during the period from October 01, 2015 to March 31, 2016 from GIPCL’s 160/165 MW Gas based Combined Cycle Power Plant (CCPP), Station II, at Vadodara.
The company has also inked agreement with GAIL for supply of 39.61 Million SCM e-bid R-LNG for GIPCL’s 160/165 MW CCPP, Station II, at Vadodara and Power Purchase Agreement (PPA) with GUVNL for generation and supply of incremental 17.59 million units of electricity by GIPCL to the state grid.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
| View more.. | |
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