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KPI Green Energy rises on commissioning 7.80 MW wind-solar hybrid power project

14 Sep 2023 Evaluate

KPI Green Energy is currently trading at Rs. 838.35, up by 23.70 points or 2.91% from its previous closing of Rs. 814.65 on the BSE.

The scrip opened at Rs. 839.95 and has touched a high and low of Rs. 839.95 and Rs. 827.10 respectively. So far 3001 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 953.80 on 29-Aug-2023 and a 52 week low of Rs. 345.00 on 31-Oct-2022.

Last one week high and low of the scrip stood at Rs. 873.40 and Rs. 766.00 respectively. The current market cap of the company is Rs. 3003.46 crore.

The promoters holding in the company stood at 54.81%, while Institutions and Non-Institutions held 3.54% and 41.65% respectively.

KPI Green Energy has successfully commissioned 7.80MW wind-solar hybrid power project comprising 4.20MW wind through KPI Green Energy and 3.60MWdc solar capacity through its wholly owned subsidiary KPIG Energia for its client M/s Mono Steel India, Surat under ‘Captive Power Producer (CPP)’ business segment of the Company, under the Gujarat Wind-Solar Hybrid Power Policy 2018.

KPI Green Energy (formerly known as K.P.I. Global Infrastructure) is a solar power generating company focused on providing solar power, both as an Independent Power Producer (IPP) under the brand name of ‘Solarism’ and as service provider to Captive Power Producer (CPP) customers.

Peers
Company Name CMP
Larsen & Toubro 3928.00
Kalpataru Projects 1412.20
NCC 136.00
Rail Vikas Nigam 211.60
KEC International 402.35
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