Sanstar jumps on commissioning 3 MW solar power plant in Gujarat

Sanstar is currently trading at Rs. 114.30, up by 2.55 points or 2.28% from its previous closing of Rs. 111.75 on the BSE.

The scrip opened at Rs. 114.95 and has touched a high and low of Rs. 116.75 and Rs. 112.15 respectively. So far 6462 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 137.50 on 24-Jun-2026 and a 52 week low of Rs. 74.34 on 02-Apr-2026.

Last one week high and low of the scrip stood at Rs. 116.75 and Rs. 110.50 respectively. The current market cap of the company is Rs. 2263.03 crore.

The promoters holding in the company stood at 64.18%, while Institutions and Non-Institutions held 0.56% and 35.25% respectively.

Sanstar has commissioned its 3 MW solar power plant at Moda village, Rapar Taluka, Kutch, Gujarat. The solar power plant has been set up with an investment of around Rs 7.5 crore and will be utilised entirely for captive consumption by Sanstar. The project has been undertaken primarily to reduce the company’s power costs.

The 3 MW solar plant is expected to generate annual power cost savings of around Rs 3 crore and meet around 40% of the total electricity requirement of the Kutch facility. The project is therefore expected to support the company’s efforts towards improving cost efficiency while increasing the share of renewable energy in its power consumption.

The commissioning of the plant further strengthens Sanstar’s focus on sustainable and energy efficient operations. The new 3 MW solar capacity adds to the company’s existing 3.5 MW solar power capacity and 1.6 MW of biogas-based power capacity at its Dhule facility, further strengthening the renewable energy footprint and ESG initiatives. With these initiatives, a substantial portion of the company’s current power requirements has already been transitioned to renewable sources.

Sanstar is one of the major manufacturers of plant-based speciality products and ingredient solutions in India for food, animal nutrition and other industrial applications.