20 Dec , 2024 By : Debdeep Gupta
Zodiac Energy's share price locked at 5 percent in the early trade on December 20 after the company was awarded with first international rooftop order from Kitwe, Zambia.
At 09:31 am, Zodiac Energy was quoting at Rs 564.90, up Rs 26.90, or 5 percent, on the BSE.
There were pending buy orders of 11,975 shares, with no sellers available.
The order included design, engineering, supplying, installing, testing, and commissioning of grid-tied 2 MWprRooftop solar system turnkey with battery energy storage system (BESS) basis for M/s Strongpak Limited (Zambia-Africa) at the aggregate cost of USD 720,626.00.
The said order is expected to be completed by February 28, 2025.
In the month October, the company was awarded an order from Ahmedabad Municipal Corporation (AMC) for the design, supply, installation, testing, and commissioning of Grid Tied 30MW Ground Mounted solar projects in the state of Gujarat including erection, operation & maintenance for 5 years and lease/sublease at the aggregate value of Rs 154.27 crore.
The share touched a 52-week high of Rs 819.40 and a 52-week low of Rs 158.55 on 13 August 2024 and 22 December 2023, respectively.
Currently, the stock is trading 31.06 percent below its 52-week high and 256.29 percent above its 52-week low.
The share price rose 240 percent in the last year.
The company had posted a 68 percent jump in its September quarter net profit at Rs 2.49 crore, YoY.
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