KPI Green Energy shares have gained 293% in two years and 662% in three years.
Shares of KPI Green Energy Ltd hit an upper circuit of 5% on Monday after the company said the firm’s board will consider a proposal to declare a third interim dividend for the financial year 2024-25. The company will also announce its third quarter earnings on February 6.
The multibagger stock rose 5% to hit a 52-week high of Rs 405 in the current trading session. The power stock opened at Rs 397 on the BSE today against its previous close of Rs 385.75. The stock has gained 293% in two years and 662% in three years.
A total of 0.72 lakh shares of the firm were traded on the BSE, generating a turnover of Rs 2.91 crore. The company’s market cap on BSE stood at Rs 7,974 crore. The stock hit a 52-week low of Rs 312.95 on January 29, 2025.
“KPI Green Energy Limited has informed BSE that the Board of Directors of the Company is scheduled to meet on Thursday, February 6, 2025, to inter alia consider a proposal for declaration of third interim dividend, if any, for the financial year 2024-25.
In case a dividend is declared by the Board of Directors, the record date for the same shall be February 18, 2025, as per SEBI Regulation 42. The disclosure is enclosed herewith,” KPI Green Energy said.
Technically, the Relative Strength Index (RSI) of KPI Green Energy is at 40.9, which indicates that it is trading neither in overbought nor oversold territory.
The stock is trading higher than 5 day, 10 day, 20 day but lower than 30 day, 50 day, 100 day, 150 day and 200 day moving averages.
KPI Green Energy is a solar power generation company focused on providing solar power as an Independent Power Producer (IPP) and as a service provider to Captive Power Producer (CPP) customers under the brand name of `Solarism’.
