Orient Green Power Company is currently trading at Rs. 17.00, up by 0.13 points or 0.77% from its previous closing of Rs. 16.87 on the BSE.
The scrip opened at Rs. 17.20 and has touched a high and low of Rs. 17.35 and Rs. 16.70 respectively. So far 110171 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 20.10 on 20-Jan-2015 and a 52 week low of Rs. 9.95 on 08-Sep-2015.
Last one week high and low of the scrip stood at Rs. 18.48 and Rs. 15.75 respectively. The current market cap of the company is Rs. 1276.15 crore.
The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 8.87% and 16.13% respectively.
Orient Green Power Company has trimmed its stake in Pallavi Power and Mines in favour of its joint venture partner Shalivahana Green Energy. The board of Pallavi Power, its subsidiary, has allotted it 2.10 lakh equity shares of Rs 100 each. It has also allocated 6.42 lakh shares of Rs 100 each to Shalivahana Green Energy, the joint venture partner. This brings down Orient Green’s holding in Pallavi Power to 38.87 percent from 51 percent previously.
Pallavi Power is a special purpose vehicle created for a small hydro power project in Orissa, while Orient Green Power is the largest independent operator and developer of renewable energy power plants in the country based on aggregate installed capacity. The company’s portfolio currently includes biomass, biogas, wind energy and small hydroelectric projects at various stages of development.
Company Name | CMP |
---|---|
NTPC | 321.25 |
Tata Power | 365.50 |
Power Grid Corp | 298.65 |
Adani Power | 549.30 |
Torrent Power | 1422.90 |
View more.. |