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Veer Energy surges on bagging order for Solar Rooftop in Gujarat

29 Jan 2018 Evaluate

Veer Energy & Infrastructure is currently trading at Rs. 39.05, up by 0.70 points or 1.83% from its previous closing of Rs. 38.35 on the BSE.

The scrip opened at Rs. 39.80 and has touched a high and low of Rs. 39.80 and Rs. 38.00 respectively. So far 60272 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 43.40 on 11-Jan-2018 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. 40.90 and Rs. 35.20 respectively. The current market cap of the company is Rs. 43.39 crore.

The promoters holding in the company stood at 29.72%, while Institutions and Non-Institutions held 15.76% and 54.52% respectively.

Veer Energy & Infrastructure has bagged new order for Solar Rooftop (via Net Metering Technology) from a renowned infrastructure developer at Surat in state of Gujarat. This rooftop installation would be commissioned at their 3 residential cum commercial towers.

The company has been successfully marketing the net metering concept and expects the market to grow in big numbers.

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

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