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HomeSTOCKS950% Share Price Increased; Big Deal In Hybrid Power Project; Massive Buying...

950% Share Price Increased; Big Deal In Hybrid Power Project; Massive Buying Start

KPI Green Energy Ltd: The shares from KPI Green Energy was in the news in trading on Monday. The shares of the company increased by 4.5 percent, reaching an intraday high of 1,863.65 rupees.

There’s a motive to explain this share price rise. The company has signed a power purchase contract (PPA) together with Gujarat Urja Vikas Nigam (GUVNL) for a 50MW solar wind hybrid energy project.

When the company announced this on the markets, purchases of shares of the company increased.

Shares In Constant Focus

In the last week, KPI got approval from the Chief Electrical Inspector (CEIG) for its 13.60 MW solar power projects in the Independent Power Producer (IPP) segment.

The projects will be incorporated into its portfolio of power generation assets through its entirely-owned company Sun Drops Energia.

In addition, KPI has also received CEIG approval for 15 MW of solar power projects in their Captive Power Producer (CPP) business segment.

The board of directors approved a plan to raise Rs 1,000 crore by issuance of shares via qualified institutional placement. This requires approval from shareholders.

Shares Giving Bumper Returns

KPI Green Energy shares have enjoyed a strong beginning to the year and have recorded a rise of up to 95 percent to date.

The stock has earned a profit that is up to 250 percent over the past year, and as high as 950 percent over five years.

The 52-week high is 2,109.25 rupees as well as its lowest 52-week is 496.92 rupees. The company’s market capitalization is 11,083.86 crore.

Company Business

KPI Green Energy Limited (formerly KPI Global Infrastructure Limited) located in Gujarat is a renowned producer of renewable energy.

KPI Green Energy develops and maintains grid-connected solar energy systems selling power units that are generated by its solar plants.

KPI Green Energy Stock Performance

Current Price₹ 1,836
52-wk High₹ 2,109
52-wk Low₹ 497
5 Days Return1.97%
1 Month Return2.30%

Key Fundamentals Parameters

Market Cap₹ 11,069 Cr.
Stock P/E68.4
Book Value₹ 139
Dividend0.06 %
ROCE21.6 %
ROE29.6 %
Face Value₹ 10.0
P/B Value13.2
OPM32.9 %
EPS₹ 26.8
Debt₹ 1,036 Cr.
Debt to Equity1.24

KPI Green Energy Shareholding Pattern

Promoters Holding
Mar 202354.81%
June 202354.81%
Sept 202354.83%
Dec 202353.08%
Mar 202453.08%
FII Holding
Mar 20232.54%
June 20233.48%
Sept 20234.24%
Dec 20235.96%
Mar 20245.60%
DII Holding
Mar 20230.00%
June 20230.06%
Sept 20230.00%
Dec 20232.09%
Mar 20240.63%
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Public Holding
Mar 202342.64%
June 202341.66%
Sept 202340.91%
Dec 202338.86%
Mar 202440.69%

KPI Green Energy Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2019₹ 59 Cr
2021₹ 102 Cr
2022₹ 230 Cr
2023₹ 644 Cr
2024₹ 1,024 Cr

Last 5 Years’ Net Profit:

2020₹ 6 Cr
2021₹ 22 Cr
2022₹ 43 Cr
2023₹ 110 Cr
2024₹ 162 Cr

Conclusion

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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