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Veer Energy gains on inking MoU for developing 200 MW Wind farm in Gujarat

03 Dec 2012 Evaluate

Veer Energy & Infrastructure is currently trading at Rs 15.00, up by 0.35 points or 2.39% from its previous closing of Rs 14.65 on the BSE.

The scrip opened at Rs 14.65 and has touched a high and low of Rs 15.70 and Rs 14.55 respectively. So far 1200517 shares were traded on the counter.

The BSE group 'B' stock of face value Re 1 has touched a 52 week high of Rs 17.00 on 07-Nov-2012 and a 52 week low of Rs 1.87 on 03-Jan-2012.

Last one week high and low of the scrip stood at Rs 15.70 and Rs 14.25 respectively. The current market cap of the company is Rs 107.27 crore.

The promoters holding in the company stood at 36.03% while Institutions and Non-Institutions held 16.18% and 47.79% respectively.

Veer Energy & Infrastructure, a Mumbai-based wind power developer, has signed a Memorandum of Understanding (MoU) to develop 200 MW Wind farm in Gujarat.

The company, recently, reported that it would be spending Rs 300 crore into solar energy projects in Gujarat. The company has purchased 200 acres at Shivlakha village of Kutch, Gujarat, to set up 25 MW solar energy project, which is about 1.5 km away from its sub-station at Chandrodi village.

Veer Energy provides technical solutions for a future with reduced dependence on fossil fuels and fewer greenhouse gas emissions. Currently, Veer Energy wind farms in operation and construction represent a substantial reduction in carbon dioxide emissions annually.

Veer Energy & Infra Share Price

13.62 0.30 (2.25%)
17-Apr-2026 16:59 View Price Chart
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