News Title: Agni Green Power Share Price Soars by 4.94% on 14 May 2024 ๐๐ฐ
๐ Agni Green Power Limited, an energy company, has secured a contract to establish solar energy plants in West Bengal. The contract, provided by Subhashree Projects Private Limited, includes the design, construction, and maintenance of 38 solar energy plants with a capacity of 10 kilowatts each for various schools and government buildings across the state.
๐ Agni Green Power Limited has obtained the contract under the West Bengal Renewable Energy Development Agency (WBREDA) scheme, worth 2.13 crores. Through this project, Agni Green Power will strengthen its presence in the renewable energy sector and contribute to West Bengal’s clean energy goals.
๐น On Tuesday, 14 May 2024, the share price of Agni Green Power was trading at 71.2 rupees, marking a 4.94% increase.
๐ผ The current price of Agni Green Power Limited’s shares is 64.15 rupees, with the stock closing at a 4% decline last Friday. In February 2024, the stock had reached up to 84.70 rupees. However, in May 2023, the share price had dropped to 18.35 rupees.
๐ The company has announced that the board meeting will take place on 15 May 2024, to discuss the results for the ending period of March 2024.
๐ฐ In the previous financial year, Agni Green Power Limited reported a revenue of 14.26 crores, showing a year-on-year growth of 206.12%. The company’s operating profit increased by 28.49% annually to 1.02 crores.
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