This Renewable Green Energy Co. Jumps 151% In A Month: Check Details

Vadodara-Gujarat based renewable green energy company in trade on January 10, 2022 has hit upper circuit with price at Rs. 222.60 per share. This is also the stock's 52-week high price. The stock's 1 month return is at a whopping 151.38%, while its YTD returns are at 34%. The SME stock trades only on the NSE.

The company informed the exchange that the company has evinced interest to DM and Collector, laisalmer, Rajasthan for purchasing land for plantation of Non-Edible vegetable oil seeds which will be used as a raw material for manufacturing of Bio Diesel, which is considered as a Green renewable fuel and does not emit any carbon emission.

District Collector, Jaisalmer Gov!. of Rajasthan has confirmed vide their acknowledgement letter that they shall facilitate for setting up the project in the State. The company is a socially responsible entity with zero discharge in respect of effluents. "KIL looks to the future in being a responsible and meaningful force in the field of BIOFUELS", emphasis the company in its About us section on its website.

The SME company made its stock market debut on November 2, 2021.

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