KPI Green Energy Ltd (NSE: KPIGREEN): The share of solar power company KPI Green Energy rose around 4 % to Rs 788.85 on Tuesday. The company is preparing to give a big gift to its shareholders.
KPI Green Energy has announced that its board meeting is to be held on November 14, in this meeting the issuance of bonus shares will be considered.
If the issuance of bonus shares is approved, then this will be the second time in the year 2024, that KPI Green Energy Ltd will give free shares to its investors.
Bonus Shares Are Given For The Third Time In Two Years
KPI Green Energy is preparing to give bonus shares for the third time in two years. The solar power company gave bonus shares to its shareholders in January 2023 in a ratio of 1:1.
That is, the company distributed 1 bonus share for every 1 share. KPI Green Energy has also given bonus shares in the ratio of 1:2 in February 2024.
The Company Also Split Its Shares In July 2024
KPI Green Energy has divided its shares which have a face value of 10 rupees into two shares with a face value of 5 rupees. The company’s shares jumped more than 8100% in 4 years.
KPI Green Energy’s share has seen a tremendous rise. In the last 4 years, the share of the solar power company has climbed more than 8150 percent.
KPI Green Energy’s share was at Rs 9.50 on 12 November 2020. The company’s share reached Rs 788.85 on 12 November 2024.
However, during the past 2 years, the share of the company has experienced an incredible rise in the amount of 475 percent.
The 52-week highest level of shares in the company is 1,118 rupees. However, the 52-week low of shares in the company is 343.58 rupees.
The Company’s Share Climbed More Than 125% In A Year
The share of KPI Green Energy is up over 122.46 % during the past year. The share of the company was trading at 349.50 rupees on the 13th of November 2023.
The share rises 0.9% at 2:30 pm on Tuesday. The current price is 776.70 rupees. The stock may gain more.
The company’s share was traded for 788.85 rupees on the 12th of November 2024. At the same time, its share has increased by 63.21% thus far this year.
Quick Fact
| Company name | KPI Green Energy |
|---|---|
| Upcoming event | Board meeting on Nov 14 |
| Meeting purpose | Consider the issuance of bonus shares |
| Bonus share issuance | Possible, second time in 2024 |
| Total bonus issuances | 3 times in 2 years |
| Last bonus issuance | February 2024, 1:2 ratio |
| Previous bonus | January 2023, 1:1 ratio |
| Share split | July 2024 |
| Share rise | Around 4% |
| Current price (2:30 pm) | 0.9% |
| Split ratio | 1 share of ₹10 into 2 shares of ₹5 |
| 52-week high | ₹1,118 |
| 52-week low | ₹343.58 |
| 4-year growth | More than 8100% |
| 4-year price change | From ₹9.50 to ₹788.85 |
| 2-year growth | 475% increase |
| 1-year growth | 122.46% increase |
| YTD growth | 63.21% |
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