← Top stories
Deal▲ Bullish for KPI Green Energy
KPI Green Energy shares gain 4% | What’s driving the stock and what lies ahead?
The brief
- KPI Green Energy made a binding offer to acquire Alfanar Energy and Netra Wind for ₹2,410 crore
- Its shares rose 4% before declining
- The acquisition could expand KPI Green Energy’s renewable portfolio; investors will track financing and execution
- Price Action: KPI Green Energy, Arisinfra Solutions shares surge on order win; IT, media stocks gain
- Stocks in news: Tata Steel, KPI Green Energy, NLC India, Poonawalla Fincorp and Cummins India
- KPI Green Energy bags ₹2025 crore from NACOF Oorja for turnkey 500 MW/550 MWp solar power plant in Rajasthan
- Stocks to watch for September 30: Tata Steel, KPI Green Energy, Arisinfra Solutions and more
- KPI Green Energy bags ₹2,025 crore solar EPC order for 500 MW project in Rajasthan
KPI Green Energy's proposed wind asset acquisition
KPI Green Energy made a binding offer to acquire Alfanar Energy and Netra Wind for ₹2,410 crore, which would raise its installed IPP capacity from 1.16 GW to about 1.67 GW.
Wednesday, 30 September
- KPI Green Energy shares gain 4% | What’s driving the stock and what lies ahead?