KPI Global in limelight
By
Ruma Dubey
about 3 years ago
With less than 3000 shares changing hands, KPI Global, which had closed yesterday at Rs.285.35, opened higher today at Rs.295 and rose to Rs.299, just 60 paise short of hitting the 5% UC of the day at Rs.299.60.
The stock jumped up on news that it has received confirmation of the orders for executing a solar power project of 2.50 MWdc capacity from Vineet Polyfab, Surat, under the 'Captive Power Producer (CPP)' segment of the company.
The company generates and sells solar power under Solarism brand name in India. It develops, builds, owns, operates, and maintains solar power plants as an independent power producer and captive power producer.