Adani Green Energy soars on acquiring fifty one% stake of Kodangal Solar Parks

Adani Green Energy soars on acquiring fifty one% stake of Kodangal Solar Parks

by admin- Monday, January 14th, 2019 05:17:20 PM

Adani Green Energy is currently buying and selling at Rs. 40.25, up via 0.35 factors or zero.88% from its previous final of Rs. 39.Ninety at the BSE.

The scrip opened at Rs. Forty.80 and has touched a high and occasional of Rs. 40.Eighty and Rs. 40.10 respectively. So far 5957 stocks had been traded at the counter.

The BSE organization ‘B’ stock of face price Rs. 10 has touched a 52 week high of Rs. 77.60 on 07-Aug-2018 and a 52 week low of Rs. 22.75 on 02-Jul-2018.

Last one week excessive and low of the scrip stood at Rs. 42.00 and Rs. 39.60 respectively. The modern market cap of the employer is Rs. 6310.Eighty crore.

The promoters retaining inside the organisation stood at 86.50%, at the same time as Institutions and Non-Institutions held 10.68% and a couple of.82% respectively.

Adani Green Energy (AGE) has received 51% equity percentage capital of Kodangal Solar Parks (KSPPL) from FS India Devco for approximately Rs 1.69 crore. With this acquisition, KSPPL has turn out to be completely-owned subsidiary of the organisation.

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