Shares of KPI Green Energy Ltd rallied to their record high today after the company said its board would meet on December 30 to consider and approve the proposal for issue of bonus equity shares. KPI Green Energy stock gained nearly 10% to a high of Rs 1464.75 on BSE. The power stock opened higher at Rs 1371.40 against the previous close of Rs 1334.60 on BSE. KPI Green Energy shares have gained 220% in 2023 and risen 235% in a year. The stock has zoomed 833% in two years.
Suzlon Energy share price: The stock today jumped 3.91 per cent to hit a day high of Rs 38.50 over its previous close of Rs 37.05. The multibagger stock has rallied more than 250 per cent this year.
Shares of multibagger KPIT Technologies Ltd have zoomed nearly 123% from their 52-week low hit in the beginning of this year. The multibagger IT stock touched its yearly low of Rs 676.15 on January 4, 2023. KPIT Technologies stock has recovered 122.70% from its 52-week low till date. The stock closed 0.75% lower at Rs 1505.80 in the current session. Despite the stellar rally in 2023, the IT stock is still down 8.15% from its record high of Rs 1639.60 reached on November 20 this year.
As of September 2023, promoters held 50.02 per cent stake in the company. It is a subsidiary of Megha Engineering and Infrastructures Ltd (MEIL) and manufactures electric buses in India. Olectra is also India's largest silicone rubber/composite insulators manufacturer for power transmission and distribution networks.