KPI Green Energy Ltd witnessed a 5% surge in its stock price, hitting a 52-week high of ₹405 in Monday’s trading session. The rally came after the company announced that its Board of Directors will consider a third interim dividend for the financial year 2024-25 in an upcoming meeting on February 6, 2025.
Additionally, the company will release its Q3 earnings on February 6, a crucial event that could further influence investor sentiment.
Key Highlights of KPI Green Energy Stock Performance
- Stock Price Movement – The stock surged 5% to ₹405, up from its previous close of ₹385.75 on BSE.
- 52-Week High & Low – The stock touched its 52-week high today and had recently hit its 52-week low of ₹312.95 on January 29, 2025.
- Market Cap & Turnover – KPI Green Energy’s market capitalization currently stands at ₹7,974 crore, with a total turnover of ₹2.91 crore on BSE.
- Historical Gains – The stock has delivered 293% returns in two years and an impressive 662% in three years, making it a multibagger.
Upcoming Dividend Consideration and Q3 Earnings Report
KPI Green Energy’s board will consider the declaration of a third interim dividend in its meeting scheduled for February 6, 2025. If approved, the record date for dividend eligibility will be February 18, 2025, in accordance with SEBI’s regulations.
Investors are also anticipating the company’s Q3 financial results, which will be released on February 6, 2025. Strong earnings could provide additional momentum to the stock.
Technical Analysis of KPI Green Energy Stock
- Relative Strength Index (RSI): The stock’s RSI stands at 40.9, indicating neutral momentum—neither in the overbought nor the oversold zone.
- Moving Averages: KPI Green Energy is trading above its 5-day, 10-day, and 20-day moving averages, but remains below its 30-day, 50-day, 100-day, 150-day, and 200-day averages, suggesting mixed technical signals.
What Does KPI Green Energy Do?
KPI Green Energy Ltd is a solar power generation company that operates under two models:
- Independent Power Producer (IPP) – Provides solar power under its brand Solarism.
- Captive Power Producer (CPP) Services – Supplies solar power to industrial customers.
Investor Sentiment and Future Outlook
KPI Green Energy’s impressive past returns and consistent dividend payouts have made it an attractive stock for investors. However, future price movements will largely depend on the company’s Q3 earnings performance and dividend declaration.
FAQs
Why did KPI Green Energy stock rise today?
The stock surged 5% to ₹405 after the company announced that its board will consider a third interim dividend and release its Q3 earnings on February 6, 2025.
What is the 52-week high and low for KPI Green Energy?
- 52-week high: ₹405 (February 3, 2025)
- 52-week low: ₹312.95 (January 29, 2025)
How has KPI Green Energy performed in recent years?
The stock has delivered 293% returns in two years and 662% in three years, making it a strong multibagger.
When is the dividend record date for KPI Green Energy?
If the interim dividend is approved, the record date will be February 18, 2025.
Is KPI Green Energy a good buy right now?
With strong past performance, upcoming dividend consideration, and Q3 earnings, the stock remains attractive for investors, but future movements depend on its financial results.
What is the RSI of KPI Green Energy stock?
The RSI stands at 40.9, indicating the stock is neither overbought nor oversold.
What is KPI Green Energy’s market capitalization?
The company’s market cap is ₹7,974 crore as of February 3, 2025.
What does KPI Green Energy do?
It is a solar power generation company providing energy as an Independent Power Producer (IPP) and a Captive Power Producer (CPP) for industrial customers.
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