2:1 Bonus, 1:2 Split: Smallcap Energy Stock Turns Rs 32,915 To Rs 1,69,840 In 13 Months; 2% Dividend Ahead

Smallcap KP Energy stock has given hefty returns to investors in 13 months thanks to its sub-division of 1:2 ratio, and bonus rewards of 2:1 ratio. The company is further preparing to reward shareholders with 2% dividend for FY24. Currently, KP Energy stock is below Rs 425, but has come a long way since 2023. KP Energy is also planning listing on NSE, as it currently trades on BSE.

The company has announced a final dividend of 2% amounting to Rs 0.10 per share of the face value of Rs.5/- each for the financial year 2023-24, subject to the approval of the Shareholders at the ensuing Annual General Meeting of the Company.

The company turned ex-bonus in February 2024 for additional shares in the ratio of 2:1. Since March 2017, KP Energy has issued bonus shares three times. The other bonuses were of 3:10 in May 2018, and 1.5:1 in March 2017.

In March 2023, KP Energy stock also split in the ratio of 1:2 ratio, meaning, 1 equity share having a face value of Rs 10 each was sub-divided into two shares for Rs 5 face value.

KP Energy Ltd. is a trusted corporate group renowned for its strong management, efficient cost structure, and robust order book with ready project sites. Specializing in high-quality Wind Turbine Generators (WTGs) powered by sophisticated technology, the company excels in providing turnkey solutions for wind farm projects across India.

The energy player achieved Revenue from the EPC segment of INR 200.80 Crs during Q4FY24 which reflects a growth of ~ 40% in comparison to that achieved during Q4FY23 (INR 143.47 Crs) on a consolidated basis. The company has achieved INR 450.69 Crs towards Revenue from the EPC segment during FY24.