Gujarat-based windmill infrastructure development K P Energy Limited Wednesday announced its migration to the BSE main board from the SME platform, after over two years of its getting listed on the bourse. The company’s market cap stood at 261.15 crores on October 10.
“The company survived the turbulence in the industry in the past few years, (but) we are confident that there are better times ahead, and we are comfortably placed to monetise the benefits of the upswing in wind energy installations,” said Farukbhai Patel, managing director, KP Energy.
The company reported a net profit of Rs 7.06 crore in HIFY19 as against Rs 1.01 crore in the same period of previous fiscal, thereby registering a whopping 599 per cent growth, it said. ***************** Lilly India enters autoimmune segment with Olumiant launch *
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