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Wonder Electricals jumps on setting up 128 KW solar power plant at Hyderabad Factory

10 Sep 2024 Evaluate

Wonder Electricals is currently trading at Rs. 1356.00, up by 35.65 points or 2.70% from its previous closing of Rs. 1320.35 on the BSE.

The scrip opened at Rs. 1325.00 and has touched a high and low of Rs. 1361.85 and Rs. 1317.40 respectively. So far 4949 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1620.00 on 23-Aug-2024 and a 52 week low of Rs. 253.00 on 28-Sep-2023.

Last one week high and low of the scrip stood at Rs. 1405.90 and Rs. 1310.05 respectively. The current market cap of the company is Rs. 1817.15 crore.

The promoters holding in the company stood at 71.79%, while Institutions and Non-Institutions held 10.91% and 17.29% respectively.

Wonder Electricals has taken a significant step towards sustainable and green energy by investing in a 128 kilowatt solar power plant. This initiative marks a milestone in its dedication to clean energy practices. The solar power plant is situated at Hyderabad Factory located at Plot No. 4, Industrial Park Kucharam Village, Manoharabad Mandal, Medak, Hyderabad, Telangana and has become operational now. 

In addition to the immediate benefits of operational cost-savings, the solar power installation underscores Company's commitment to building a sustainable and eco-friendly manufacturing plant. The company is also proposing to install solar plants with higher power generating capacities at its other factories.

Wonder Electricals is engaged in manufacturing, supplying, designing of motors, home appliances, energy-efficient fans and allied equipment.

Wonder Electricals Share Price

93.09 -0.40 (-0.43%)
17-Apr-2026 16:59 View Price Chart
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