New Delhi: KPI Green Energy Limited, a company which has given multibagger returns of 2700 percent to the stock market investors, has informed the stock market that the company has received new orders for wind-solar hybrid power project. KPI Green Energy has received 6.90 MW capacity wind solar hybrid power project which includes 4.90 MW wind power and 2 MW solar power. KPI Green Energy Limited has received this order from General Polytex Private Limited in the captive power producer segment.
Surat based company General Polytex Private Limited is setting up this power plant to meet its energy needs. Earlier, KPI Green Energy Limited had received the order for 4 MW capacity solar power project from Shree Parmeshwar Steel Limited Pvt. while 3 MW capacity solar project was received from Vivaan Steel Pvt. Limited. Both these orders are also from the captive power producer segment.
KPI Green Energy Limited has received solar power contracts worth a total of 7 MW. The company has to complete it in the current financial year. KPI Green Energy Limited is a company providing solar power. The company provides independent power producers and engineering, procurement and construction services.
The sales of KPI Green Energy Limited, which has a market cap of around Rs 3200 crore, has increased by about 55 percent to Rs 190 crore, while its net profit in the first quarter of the current financial year has increased by 50 percent to Rs 33.26 crore. The net sales of the company have increased by 180 percent and have reached Rs 644 crore.
In Friday’s trade, shares of KPI Green Energy registered a rise of Rs 13 and crossed the level of Rs 900 with a gain of 1.52 per cent. In the last 5 days, KPI Green Energy shares have given a bumper return of 8 percent to the investors, in the last one month it has given a bumper return of about 7 percent and in the last 6 months it has given a bumper return of 106 percent. In the last 1 year, shares of KPI Green Energy have reached a high of ₹900 from a low of ₹352.
If we talk about the last 5 years, the shares of KPI Green Energy have increased the investors’ capital four times from the low level of Rs 216. KPI Green Energy shares have given investors a bumper return of 2700 percent in the last 3 years and 1240 percent in the last two years. If you also want to earn from the stock market, then you can keep an eye on the shares of KPI Green Energy.