Power stock rises 4% after expanding renewable capacity
KPI Green Energy Limited's shares rose over 4% after commissioning 376 MWp, boosting its IPP capacity to 965 MWp. The stock currently trades at ₹361.55, with a market cap of ₹7,135 cr, despite a negative return of 18% over the past year.
after close1 source ↓written by the desknot a recommendation
- on BSE
- 4%
- of capacity
- 376 MWp
- IPP portfolio
- 965 MWp
- increase
- 1%
Shares of KPI Green Energy Limited surged over 4% on BSE after the company commissioned 376 MWp of capacity, increasing its Independent Power Producer (IPP) portfolio to 965 MWp. This expansion strengthens its renewable energy initiatives, including solar and wind projects, enhancing growth visibility.
With a market cap of ₹7,135 cr, the stock is currently trading at ₹361.55, reflecting a 1% increase from the previous close of ₹358.30. Despite recent gains, the stock has seen a negative return of 18% over the past year.
Not investment advice. For informational purposes only.