{"id":139174,"date":"2024-11-19T15:37:53","date_gmt":"2024-11-19T10:07:53","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=139174"},"modified":"2024-11-19T15:37:56","modified_gmt":"2024-11-19T10:07:56","slug":"green-energy-stock-jumps-5-after-receiving-order-for-solar-power-plant-projects","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/green-energy-stock-jumps-5-after-receiving-order-for-solar-power-plant-projects\/","title":{"rendered":"Green energy stock jumps 5% after receiving order for solar power plant projects"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4070712578\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Green Energy also engaged in the business of execution of turnkey solar power plant projects by providing EPC and other services jumped 5 percent in the day\u2019s trade upon receiving work order worth Rs. 2.58 Crores for a 3MWp Solar PV system.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-692741483\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 68 Crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/AGNI\">Agni Green Power Limited<\/a><\/strong> were trading at Rs. 34.80 per equity share, up 4.3 percent from its previous day\u2019s close price of Rs. 33.35.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>Agni Green Power Limited engaged in the business of executing turnkey solar PV power plant projects has received a new service work order from Shyam Sel and Power Limited Dhasna Paschim Burdwan for a consideration of Rs. 2.58 Crores.&nbsp;<\/p><p>The said work order involves the Design, Engineering, Procurement, Manufacturing, Supply, Installation &amp; Commissioning of up to 3 MWp (DC) Solar PV system at Jamuria Asansol West Bengal and it is to be executed within 4 months.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4141593457\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Agni Green Power Limited is an integrated solar energy solutions provider engaged in the business of execution of turnkey solar PV power plant projects, including design, engineering, supply, installation, commissioning, operation, and maintenance.&nbsp;<\/p><p>Agni Green Power Limited is also a registered channel partner of the Ministry of New &amp; Renewable Energy, Govt. of India, for off-grid solar PV applications.&nbsp;<\/p><p>It manufactures solar power conditioning units, solar inverters, solar maximum power point tracking chargers, remote monitoring and diagnostic systems, solar photovoltaic junction boxes, control panels, solar pump controllers, and digital DC energy meters, among others.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials &amp; Ratios&nbsp;<\/strong><\/h2><p>Its revenue from operations grew by 13.34 percent from Rs. 14.26 Crores in H1FY24 to Rs. 16.16 Crores in H1FY25, accompanied by profits of Rs. 0.12 Lakhs to Rs. 0.15 Lakhs.&nbsp;<\/p><p>In terms of return ratios, it has reported a return on equity (ROE) of 1.08 percent and a return on capital employed (ROCE) of 5.34 percent. In terms of leverage, it has reported a debt-to-equity ratio of 0.32.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S\u00a0<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-content-10\" id=\"trade-1451480836\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-3887486130\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Green Energy also engaged in the business of execution of turnkey solar power plant projects by providing EPC and other services jumped 5 percent in the day\u2019s trade upon receiving work order worth Rs. 2.58 Crores for a 3MWp Solar PV system.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 68 Crores, the shares of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":129661,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[24724,16233,16232,15456,948,936,3157],"class_list":["post-139174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-agni-green-power","tag-agni-green-power-latest-news","tag-agni-green-power-share-price","tag-green-energy-stock","tag-stock-market","tag-stock-market-news","tag-stock-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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