Shares of KPI Green Energy rallied up to 4.80 per cent at Rs 800 per share on the BSE in Friday's early morning deals
Under the contract, KPI Green will set up of 300 MWAC (405 MWDC) ground-mounted solar PV plant including operation and maintenance (O&M) services on a comprehensive basis for 5 years
The uptick in KPI Green share price came after the company announced that the Board of Directors of the company, on November 14, 2024, considered and recommended issue of Bonus Equity Shares
Ex-dividend stocks: Accelya Solutions India and KPI Green Energy will trade ex-dividend on Friday, October 4, having announced final dividends of Rs 40 and Rs 0.20 per share, respectively
The rise in KPI Green Energy share price came after the company announced that its wholly-owned subsidiary, Sun Drops Energia Private Limited, has received a 13.30 MW solar power plant project.
KPI Green also declared its first interim dividend of Rs 0.20 per share for FY25.
Notably, the stock has risen 7 per cent in two trading sessions following the deal announcement on Friday, July 5, 2024