KPI Green Energy is experiencing a significant rise in its stock price, currently trading at Rs. 959.95. This marks an increase of 40.95 points or 4.46% from its previous close of Rs. 919.00 on the BSE.

The stock opened at Rs. 960.35 and fluctuated between a high of Rs. 964.95 and a low of Rs. 959.80. So far, 41,087 shares have been exchanged on the market.

This BSE group 'T' stock, with a face value of Rs. 5, reached a 52-week high of Rs. 1,083.95 on July 19, 2024, and a 52-week low of Rs. 248.33 on August 2, 2023. Over the past week, the stock's high was Rs. 991.85, while the low was Rs. 905.00. The company's current market capitalization stands at Rs. 11,633.34 crore.

Promoters hold a 53.09% stake in the company, with Institutions and Non-Institutions holding 6.39% and 40.51% respectively.

On July 25, 2024, KPI Green Energy, along with its wholly-owned subsidiary KPark Sunbeat, acquired a significant stake in Miyani Power Infra LLP. KPI Green Energy now holds a 99% stake through direct capital contribution, while KPark Sunbeat holds the remaining 1% stake through capital contribution. The purpose of this acquisition is to facilitate the development of future renewable energy projects.

KPI Green Energy, previously known as K.P.I. Global Infrastructure, specializes in solar power generation. It operates as an Independent Power Producer (IPP) under the brand name 'Solarism' and also provides services to Captive Power Producer (CPP) customers.