KPI Green Energy Limited shares are going to be in the spotlight for investors during the trading session on Thursday. The company recently announced a 1:2 share split, with a record period set for July 18. The market was closed on July 17, so the shares will be traded after the split. On Tuesday, KPI Green Energy shares touched an intraday high of ₹ 2039.85, hitting a 5% upper circuit limit.
Recently decided to do 1:2 stock speed
This jump has made the investors very happy due to which the company's stock came into discussion. After this share split, the shareholders will get two shares in exchange of their current share which offers an attractive opportunity for the investors. Stock split is a necessary corporate action in which the company divides its existing shares into a number of shares according to a pre-determined ratio. The primary goal of this stock split is to make the shares more affordable and increase the liquidity in the market. KPI Green Energy has recently decided to do a 1:2 stock split.
The company was formerly known as KPI Global Infrastructure and was established in ca 2008. It operates in the solar and hybrid vertical of the group. KPI Green Energy, located in Gujarat, is a growing solar and hybrid power generation company that mainly supplies solar and hybrid power to various commercial sectors. The purpose of this stock split is to make KPI Green Energy shares more accessible for retail events.
KPI Green Energy shares have given investors a multibagger return of 262 percent
In the last 1 year, KPI Green Energy shares have given investors a multibagger return of 262 percent. In 2024 also, the company's shares have performed very well, its growth was about 115%. In the last 6 months, this stock has consistently given good results, due to which it will remain in discussion among investors. The 52-week highest price of the company's stock is ₹ 2109.25 and the 52-week lowest price is ₹ 496.92. At present, the market cap of KPI Green Energy is ₹ 12,290.12 crore, which will attract many people for its strong and stable investment.
