Zodiac Energy’s shares hit a 5% upper circuit after securing a significant order from Strongpak (Zambia-Africa) to install a 2 MWp rooftop solar system with a Battery Energy Storage System (BESS).
The turnkey project, valued at USD $720,626, involves the design, engineering, supply, installation, testing, and commissioning of the solar system. Expected to be completed by February 28, 2025, this order boosts the company’s prospects in the solar power generation sector.
In its latest financial results, Zodiac Energy reported a 68.2% surge in consolidated net profit, reaching Rs 2.49 crore, driven by a 53.4% increase in net sales to Rs 52.77 crore in Q2 FY25 compared to Q2 FY24.
Zodiac Energy Stock opened at 559.95, with a high of 562.85 and a low of 554.65. The stock has experienced significant fluctuations over the past year, with a 52-week high of 816.50 and a low of 150.75
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