10,709% Rally In 5-Yrs: Green Energy Stock To Mull Dividend; Shares Gain 174% From Low

Small cap company operating in power generation sector, KPI Green Energy Ltd shares today touched upper circuit after the company informed about its upcoming meeting of Board of Directors scheduled to be held on November 6, 2024 to consider financial results and second interim dividend, if any. Last trading price of KPI Green Energy shares on BSE is Rs 741.50 per share. Its market capitalisation is Rs 9732.96 crore. KPI Green Energy has split the face value once since July 18, 2024. KPI Green Energy last split the face value of its shares from Rs 10 to Rs 5 in 2024. The share traded ex-split as on July 18, 2024. Check details below:

KPI Green Energy To Consider Q2FY25 Results, Interim Dividend Soon: As per the regulatory filing of KPI Green Energy dated October 30, 2024, "We wish to inform you that, pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, November 6, 2024 at the Registered Office of the Company, inter alia, to transact the following matters:

1. To consider and approve Standalone and Consolidated unaudited Financial Results of the Company for the quarter and half year ended September 30, 2024.

2. To consider the proposal for declaration of second Interim Dividend, if any, for the financial year 2024-25."

KPI Sets Record Date For Interim Dividend: In the event of dividend being declared by the Board of Directors, the record date for the same pursuant to Regulation 42 of the SEBI Listing Regulations shall be November 14, 2024.

KPI Green Energy Shares Performance: The 52-week high price of KPI Green Energy shares on BSE stood at Rs 1116.00 per share (as on 12/08/2024) and 52-week low price is Rs 270.57 per share (as on 01/11/2023), respectively. KPI Green Energy shares gained 494% in last 2-years and surged 2663% in last 3-years. In last 5-years, KPI Green Energy stock offered return of 10,709%. KPI shares already rally 174% from its 52-week low price of Rs 270.57 per share.

KPI Green Energy Earlier Dividend In 2024: According to the BSE filing of the company issued as on August 8, 2024, "the Board of Directors at their meeting held on today i.e. August 8, 2024, declared First Interim Dividend at 4% i.e. Rs. 0.20/- per equity share having face value of Rs. 5/- each, on the equity shares of the Company for the Financial Year 2024-25."

The record date for payment of interim dividend is August 21, 2024. The Dividend shall be paid within 30 days from the date of its declaration to the shareholders whose name appears in the Register of Members as on the Record date, added the BSE filing.

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.