1:2 Stock Split: Green Energy Stock Declares Record Date, Shares Zoom 6038% In 3-Yrs

Small cap company operating in power generation sector, KPI Green Energy Ltd today fixed July 18, 2024 as the record date for 1:2 sub-division/split of equity share. Current market price of KPI Green Energy share on BSE is Rs 1760.55 per share. KPI Green Energy shares offered attractive returns of 223% in last 1-year and gained 87% in last 6-months. The company has a market capitalisation of Rs 10,613.05 crore.

KPI Green Energy Sets Record Date For Stock Split: As per the regulatory filing of KPI Green Energy issued as on July 2, 2024, "Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company has fixed Thursday, July 18, 2024 as the 'Record Date' for determining the eligibility of Shareholders for the purpose of subdivision/split of equity share having face value of Rs. 10/- (Rupees Ten only) each, fully paid-up into 2 (Two) equity shares having face value of Rs. 5/- (Rupees Five only) each fully paid-up."

KPI Receives Approval For 13.60 MW Solar Power Projects Under IPP: According to the BSE filing of the company issued as on July 1, 2024, "we are pleased to announce that during the quarter ending June 30, 2024, we received approval from the Chief Electrical Inspector (CEIG) for our 13.60 MW solar power projects under the Independent Power Producer (IPP) segment of the Company. These projects will be included in our power generation asset portfolio through M/s. Sun Drops Energia Private Limited, a wholly-owned subsidiary of our Company."

KPI Dividend History: KPI Green Energy announced 8 dividends since November 11, 2021. In last 1-year, KPI Green Energy announced an equity dividend amounting to Re 0.50 per share. At the current share price of Rs 1760.45, KPI Green Energy offers a dividend yield of 0.03%. Adjusting for Bonus/Splits the dividend yield is 0.02%, according to Trendlyne.

KPI Green Energy Stock Performance & Return: The 52-week high price of KPI Green Energy share on BSE is Rs 2109.25 per share (as on 25/04/2024) and 52-week low price is Rs 496.92 per share (as on 02/08/2023), respectively. KPI Green Energy shares rose 85% year-to-date, jumped 717% in last 2-years, and gained 10,531% in last 5-years.

KPI Green About: KPI Green Energy Limited (Formerly known as K.P.I. Global Infrastructure Limited), is the Renewable vertical of KP Group and a prominent Gujarat based Renewable power generating company. Incorporated in February, 2008, focused on providing Renewable power through different Business verticals. The Company develops, builds, owns, operates and maintains Renewable power plants through as an Independent Power Producer (IPP) and as service provider to Captive Power Producer (CPP) under the brand name of 'Solarism', according to its official website.

Disclaimer: The stock just highlights record date of stock split and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.