Sportking India has received in-principle approval from board of directors for investment of 26% i.e. Rs 12.09 crore in the Equity Share Capital of M/s Evincea Renewable (Two), a special purpose vehicle (SPV) inter-alia engaged in supply of solar power. The Evincea Renewable (Two) will commission the Solar Power Plant with capacity of 40.3 MW for supply of power to Company`s Bathinda and Ludhiana Unit for period of 25 years. The schedule commencement of power supply period is tentatively 15 months and company is expecting saving in power cost about 10-12%.
Sportking India is engaged in Yarn manufacturing, Textile Processing, Knitted Fabric, Garment and Retail.
| Company Name | CMP |
|---|---|
| Welspun Living | 130.25 |
| Vardhman Textiles | 590.10 |
| Arvind | 382.55 |
| K.P.R. Mill | 930.45 |
| Page Industries | 37647.00 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: