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Vaibhav Global surges on launching company owned solar power plant

14 Jun 2021 Evaluate

Vaibhav Global is currently trading at Rs. 812.20, up by 1.80 points or 0.22% from its previous closing of Rs. 810.40 on the BSE.

The scrip opened at Rs. 813.00 and has touched a high and low of Rs. 820.00 and Rs. 799.20 respectively. So far 10926 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1057.70 on 10-May-2021 and a 52 week low of Rs. 237.00 on 12-Jun-2020.

Last one week high and low of the scrip stood at Rs. 839.60 and Rs. 791.05 respectively. The current market cap of the company is Rs. 13270.45 crore.

The promoters holding in the company stood at 58.35%, while Institutions and Non-Institutions held 30.75% and 10.89% respectively.

Vaibhav Global has launched a company owned and operated solar power plant. The solar power generated will now power two of the company’s primary manufacturing facilities. Surplus power will also be distributed to local community resources.

The company’s solar journey started in 2014 with the installation of rooftop solar power panels in one of the Jaipur manufacturing plants. Since this time, the company has continued to grow its commitment taking on carbon emission reduction targets and successfully commissioning a fully operational solar PV power generation project under captive use in Bikaner – Rajasthan. These efforts are to pursue continuous improvement in energy and emissions related greenhouse gases. The recently added plant takes VGL’s solar power capacity to 3.23 MW and will address 100% of the company’s power requirements for two of the Jaipur Manufacturing facilities.

Vaibhav Global earlier known as Vaibhav Gems incorporated in Jaipur in 1989, is today a professionally managed, end-to-end vertically integrated business organization.

Vaibhav Global Share Price

223.45 3.35 (1.52%)
17-Apr-2026 16:59 View Price Chart
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