Dividend: Power Stock Approves Dividend For Shareholders, Gains 3017% In 3-Yrs

Small cap stock from the power sector, KPI Green Energy Ltd on Monday approved and declared interim dividend at 2.5% i.e. Re. 0.25 (Twenty-Five Paisa Only) per equity share having face value of Rs. 10/- each, on the equity share capital of the Company for the financial year 2023-24. KPI Green Energy shares witnessed a rally of 1.16% today. KPI Green Energy shares soared 3017% in last 3-years and rallied 1242% in last 2-years. Check details below:

KPI Green Energy Approves Interim Dividend: According to the BSE filing of the company issued on October 9, 2023, "Considered, approved and declared Interim Dividend at 2.5% i.e. Re. 0.25 (Twenty-Five Paisa Only) per equity share having face value of Rs. 10/- each, on the equity share capital of the Company for the financial year 2023-24. The Record date for payment of this interim dividend is October 20, 2023 as per our earlier intimation dated October 3, 2023. 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."

KPI Green Energy Stock Performance & Return: Current market price of KPI Green Energy share on BSE is Rs 917.00 per share with intraday gain of 1.16%. Its 52-week high price is Rs 953.80 per share and 52-week low price is Rs 345.00 per share, respectively. The company has a market capitalisation of Rs 3313.49 crore. KPI Green Energy share rallied 110% in last 6-months, gained 104% YTD, soared 106% in last 1-year, rallied 1242% in last 2-years, and offered return of 3017% in last 3-years.

KPI Green Energy Bagged Order: The company on October 8 received fresh order and stated in its regulatory filing, "We are glad to inform that KPI Green Energy Limited has received new orders aggregating to 4.20 MW for executing solar power projects under 'Captive Power Producer (CPP)' Segment of the Company. We are glad to inform you that, with addition of the order mentioned above, our cumulative orders of solar power projects, till date have crossed 100+ MW under CPP segment of the Company."

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.

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