KP Green Engineering has successfully completed Phase 1 of its new manufacturing facility in Matar, Bharuch. This includes the commencement of trial and commercial production of Pre-Engineering Building (PEB), marking a significant step forward in the project.
The installation of advanced machinery for Heavy Fabrication and Transmission Lines has also been completed. Trial production for these segments is set to begin in April 2025, further strengthening manufacturing capabilities.
This expansion is expected to enhance operational efficiency, streamline production, and meet the growing demand for high-quality engineering solutions. The new facility will play a crucial role in advancing the company’s position in the market, catering to diverse industry requirements with precision and innovation.
In the meantime, KP Green Engineering’s shares opened today at ₹420.00, reaching a high of ₹425.00 and a low of ₹408.00 during the trading session. The stock remains significantly below its 52-week high of ₹768.85 but is well above its 52-week low of ₹280.60. As of 10:42 AM, the shares were trading 1.58% lower at Rs 420.00.
