Mukand is currently trading at Rs. 195.80, up by 12.45 points or 6.79% from its previous closing of Rs. 183.35 on the BSE.

The scrip opened at Rs. 183.30 and has touched a high and low of Rs. 200.00 and Rs. 181.00 respectively. So far 94380 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 212.50 on 03-Jan-2024 and a 52 week low of Rs. 115.50 on 18-May-2023.

Last one week high and low of the scrip stood at Rs. 200.00 and Rs. 181.00 respectively. The current market cap of the company is Rs. 2839.34 crore.

The promoters holding in the company stood at 74.70%, while Institutions and Non-Institutions held 1.51% and 23.79% respectively.

Mukand has inked a groundbreaking Power Delivery Agreement (PDA) with Amplus Phoenix Energy (APEPL), a proud member of the PETRONAS Group. This collaboration marks a significant step towards fostering clean energy solutions and sustainable practices in the steel manufacturing industry.

The 23.89 MWp Group Captive Solar project, nestled in the picturesque Hulkoti village in the Gadag district of Karnataka, embodies Mukand Limited's commitment to environmental stewardship and energy efficiency. Expected to generate 36 MUs annually, this solar venture is projected to offset approximately 28,440 tonnes of CO2 emissions per year.

The collaboration with APEPL underscores Mukand's dedication to reducing its carbon footprint and embracing non-conventional energy solutions. Scheduled for commissioning by March 2024, this solar power plant adheres to stringent quality standards and specifications, ensuring reliability and operational excellence. The aim of the installation is to meet the growing energy requirements of Mukand Limited and contribute to making their steel manufacturing processes and production greener. APEPL will undertake the construction, operation, and maintenance of this group captive solar power plant.

Mukand is a multi-division, multi-product conglomerate involved in the manufacture of specialty steel long products and heavy machinery.