Green Energy Stock To Mull Dividend, Shares Hit Upper Circuit

Small cap company engaged in the power generation sector, KPI Green Energy Ltd shares today hit 2^nd consecutive upper circuit to settle at Rs 410.60 per share on Bombay Stock Exchange. The company yesterday informed via BSE about its upcoming meeting of Board of Directors scheduled to be held on February 6, 2025 to consider and approve financial results and interim dividend for the financial year 2024-25.

The company fixed February 18, 2025 as the record date for interim dividend. The FII-backed company has a market cap of Rs 8084.33 crore. KPI Green Energy shares witnessed sharp rally of 29.34% in last 1-week and 13,865.99% in last 5-years.

FII-Backed Green Energy Stock To Mull Dividend, Shares Hit 2nd Consecutive Upper Circuit

Earlier last month on January 30, 2025, KPI Green Energy Limited inked a Contract Agreement with Coal India Limited to develop a 300 MWAC grid-connected ground-mounted solar PV plant with Operation & Maintenance (O&M) services for five years at GIPCL’s Solar Park in Khavda, Gujarat. Check more details below:

KPI Green Energy To Consider Q3 Results, Interim Dividend On Feb 6

According to the regulatory filing of KPI Green Energy dated February 4, 2025, “the meeting of the Board of Directors of the Company will be held on Thursday, February 6, 2025 at the Registered Office of the Company, inter alia, to transact the following matters:

To consider and approve Standalone and Consolidated unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2024.
To consider the proposal for declaration of third Interim Dividend, if any, for the financial year 2024-25.”

KPI Green Energy Sets Record Date For Interim Dividend

The exchange filing added, “in the event of dividend being declared by the Board of Directors, the record date for the same pursuant to Regulation 42 of the SEBI Listing Regulations shall be February 18, 2025.”

KPI Green Energy Shares Performance

The 52-week high price of KPI Green Energy shares on BSE is Rs 744.37 apiece (as on 12/08/2024) and 52-week low price is Rs 312.95 apiece (as on 29/01/2025), respectively. KPI Green Energy shares fell 38.92% in last 6-months, slipped 11.94% in last 1-year, and soared 299.07% in last 2-years. In last 3-years, KPI Green Energy stock offered return of 657.56%.

KPI Green Energy Shareholding

FII/FPI have decreased holdings from 9.95% to 8.78% in December 2024 quarter. Mutual Funds have increased holdings from 0.25% to 0.32% in December 2024 quarter. Institutional Investors have decreased holdings from 11.50% to 10.65% in December 2024 quarter, according to Trendlyne.

KPI Green About

KPI Green Energy Limited, is the solar and hybrid vertical of KP Group. It is a leading Gujarat based solar and hybrid power generating company. It came into existence in February, 2008. It is engaged in offering solar and hybrid power through different Business verticals. KPI develops, builds, owns, operates and maintains solar and hybrid power plants through as an Independent Power Producer (IPP) and as service provider to Captive Power Producer (CPP) under the brand name of ‘Solarism’, according to its official website.

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