KPI Green Energy is currently trading at Rs. 461.50, up by 4.75 points or 1.04% from its previous closing of Rs. 456.75 on the BSE.
The scrip opened at Rs. 455.55 and has touched a high and low of Rs. 468.30 and Rs. 455.55 respectively. So far 119 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 510.00 on 07-Feb-2023 and a 52 week low of Rs. 181.00 on 25-Feb-2022.
Last one week high and low of the scrip stood at Rs. 497.95 and Rs. 451.20 respectively. The current market cap of the company is Rs. 1650.42 crore.
The promoters holding in the company stood at 54.81%, while Institutions and Non-Institutions held 2.50% and 42.69% respectively.
KPI Green Energy has signed new long term Power Purchase Agreements (PPAs) for sale of solar power. The agreements are for cumulative capacity of 8.55 MWdc (Megawatt Direct Current) / 6.40 MWac (Megawatt Alternating Current) out of which 1.70 MWdc/2.05 MWac is direct under the Company, 3.80 MWdc/2.76 MWac in KPIG Energia and 2.50 MWdc/1.94 MWac in Sun Drops Energia, wholly owned subsidiaries of the Company.
The company has signed PPAs with Oriilon India, Urvashi Pulp and Paper Mills, Indo Count Industries and CSCI Steel Corporation India under Independent Power Producer (IPP) Segment of the Company.
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.