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Veer Energy rises on receiving order for rooftop solar panel installation

Veer Energy & Infrastructure Ltd. | Power Generation/Distribution | Power | BSE: 503657 | NSE:

20 Dec 2017 Evaluate

Veer Energy & Infrastructure is currently trading at Rs. 38.00, up by 0.20 points or 0.53% from its previous closing of Rs. 37.80 on the BSE.

The scrip opened at Rs. 38.45 and has touched a high and low of Rs. 38.45 and Rs. 36.85 respectively. So far 61,000 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 38.45 on 20-Dec-2017 and a 52 week low of Rs. 20.15 on 29-Mar-2017.

Last one week high and low of the scrip stood at Rs. 38.45 and Rs. 29.15 respectively. The current market cap of the company is Rs. 41.46 crore.

The promoters holding in the company stood at 29.72%, while Institutions and Non-Institutions held 17.48% and 52.80% respectively.

Veer Energy & Infrastructure has received an order from well-known chain of school group having schools in Gujarat and Maharashtra for rooftop solar panel installation on their Schools. This installation of rooftop solar project, school would be saving approximately 30% of their power cost. The company is eyeing on this cost saving advantage as the big opening for the solar rooftop industry.

Earlier, the company had entered into B2C market for providing EPC solutions for installation of solar rooftop projects. Since Solar Power in India has a huge and untapped potential and with new introduction of NET METERING technology by almost all the states, the company is targeting the solar rooftop market.

Veer Energy & Infrastructure is an India-based windmill infrastructure development company.

Veer Energy & Infra Share Price

13.62 0.30 (2.25%)

17-Apr-2026 16:59 View Price Chart

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Veer Energy rises on receiving order for rooftop solar panel installation

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