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Veer Energy trades jubilantly on the bourses

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

07 Jan 2013 Evaluate

Veer Energy & Infrastructure is currently trading at Rs. 18.40, up by 0.95 points or 5.44% from its previous closing of Rs. 17.45 on the BSE.

The scrip opened at Rs. 17.70 and has touched a high and low of Rs. 19.45 and Rs. 16.50 respectively. So far 2651367 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 18.10 on 03-Jan-2013 and a 52 week low of Rs. 2.78 on 18-May-2012.

Last one week high and low of the scrip stood at Rs. 18.40 and Rs. 13.00 respectively. The current market cap of the company is Rs. 130.17 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 will be selling its stake to Crown Impex (HK) Company whereby Crown Impex has agreed to purchase 14% stake at Rs 36 by way of preferential allotment and 10% from the open market. In order to finalize the deal, Crown Impex will be sending its delegation to India in next 10 to 15 days.

Further both the companies will be jointly developing the vertical axis wind turbine market (VAWT) in India, as VAWT technology is inexpensive, reliable, simple, thus making it best choice for low wind speed residential and commercial applications. The VAWT turbine based design catches wind from all direction creating smooth powerful torque to spin the electrical generator. Such turbine can be mounted up to as low as 35 feet high, in winds as low as 10 mph the VAWT creates electricity to power small home or business.

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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Veer Energy trades jubilantly on the bourses

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