03 Dec , 2024 By : Debdeep Gupta
KPI Green Energy's share price will remain in focus on December 3 after the company received the largest-ever order worth Rs 1,311 crore from Coal India.
The company is going to set up a 300 MWAC (405 MWDC) Ground mounted Solar PV plant including Operation & Maintenance (O&M) services on a comprehensive basis for five years on an engineering, procurement, and construction basis at GIPCL’s Solar Park, Khavda, Gujarat.
On November 30, the company emerged as the successful bidder for the above-mentioned project.
The company had posted a 101 percent jump in its Q2 net profit at Rs 69.83 crore YoY.
The share touched a 52-week high of Rs 1,116.00 and a 52-week low of Rs 375.00 on 12 August 2024 and 08 December 2023, respectively.
Currently, the stock is trading 28.01 percent below its 52-week high and 114.25 percent above its 52-week low.
The share price has doubled in the last one-year.
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