KPI Green Energy witnessed an impressive surge of 9.43%, reaching Rs 1,402.05, driven by the company’s announcement that its board is set to convene on December 30 to deliberate on and approve a proposal for the issuance of bonus equity shares.
The stock’s ascent was further fueled by KPI Green Energy’s disclosure to the stock exchange, confirming the successful commissioning of solar power projects with a combined capacity of 17.35 MW by the company and its wholly-owned subsidiary, KPIG Energia.
As of 1:44 pm, the shares sustained their positive momentum, trading 4.90% higher at ₹1,342.10.