Stovekraft zooms on inaugurating India’s first Solar PV Rooftop System at Bengaluru factory

Stove Kraft Ltd. | Consumer Durables - Domestic Appliances | Consumer Durables | BSE: 543260 | NSE: STOVEKRAFT

12 Aug 2021 Evaluate

Stove Kraft is currently trading at Rs. 789.15, up by 24.90 points or 3.26% from its previous closing of Rs. 764.25 on the BSE.

The scrip opened at Rs. 785.95 and has touched a high and low of Rs. 805.00 and Rs. 774.65 respectively. So far 9738 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 848.90 on 03-Aug-2021 and a 52 week low of Rs. 400.00 on 06-May-2021.

Last one week high and low of the scrip stood at Rs. 822.90 and Rs. 734.30 respectively. The current market cap of the company is Rs. 2571.14 crore.

The promoters holding in the company stood at 54.29%, while Institutions and Non-Institutions held 16.34% and 29.37% respectively.

Stovekraft has inaugurated India’s first Solar PV Rooftop System with higher efficiency mono PERC 535/540Wp PV Module. The company has implemented this project in its Bengaluru factory, which is spread across 16 acres, and has more than 4,50,000 sq. ft roof space.

The company estimates that this project will reduce their carbon footprint by 5000 MT and will reduce the company’s dependency on non-renewable energy. Since this will be a captive unit, the cost of power will reduce significantly. It will also help the company to capitalize the roof of the factory which was unutilized till now. The company is expecting power generation of 50 lakh units in a year.

Stovekraft is the largest kitchen appliances company in India. It offer premium kitchen solutions through wide range of products including pressure cookers, non-stick cookware, gas and induction cook tops, mixer grinders, chimneys and hobs among others.

Stove Kraft Share Price

688.40 17.10 (2.55%)

18-Jun-2026 15:18 View Price Chart

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