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Company Have Given Returns Of Over 4400%; Solar Company IPO Was At Rs 38

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The shares of Insolation Energy Ltd, a small company manufacturing solar panels and modules, have made investors rich in just one and a half years. Insolation Energy’s IPO came in September 2022. 

The price of Insolation Energy shares in the IPO was Rs 38. The shares of the company have crossed Rs 1700 on 15 April 2024. 

Shares of Insolation Energy have given returns of more than 4400% to investors in the last one and a half years. The 52-week high of shares in the company is around 1750. 

Share Climbed Up To Rs 38 Before Reaching Rs 1700

The price of Insolation Energy shares in the IPO was Rs 38. The company’s shares were listed at Rs 76.10 on October 10, 2022. 

Shares of Insolation Energy reached Rs 79.90 on the day of listing. Since then, there’s been an enormous increase in the share price of the business.

Shares of Insolation Energy reached Rs 1743.85 on 15 April 2024. The shares of the company have appreciated to more than 4400% when compared to the price at which they were issued 38 rupees. The 52-week low of shares in the company is 118.50.

Shares Jumped 1070% In One Year

Shares of Insolation Energy have jumped 1070% in the last year. The company’s shares were trading at Rs. 149 on the 17th of April 2023.

Shares of Insolation Energy reached Rs 1743.85 on 15 April 2024. In the last six months, the shares of the company have risen by 295 percent.

Shares of Insolation Energy were at Rs 445.10 on October 16, 2023, which have now crossed Rs 1700. 

So far this year, Insolation Energy shares have seen a tremendous rise of 125%. The company’s IPO was subscribed a total of 192.79 times. The quota of retail investors in the company’s IPO was subscribed 235.55 times.

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