π Orient Green Power Share Price Rises by 4.78% on Wednesday π
πΏ Orient Green Power Company Limited continues to thrive in the business world, with its shares closing at Rs 22.6 on Wednesday, marking a 4.78% increase from the previous day. The company, a leading renewable energy producer, has been actively involved in the development, ownership, and operation of wind energy plants.
π The stock of Orient Green Power was trading at Rs 21.82 on Tuesday, recording a 4.95% increase from the previous day. The company has 1,53,59,306 shares held by the Life Insurance Corporation of India. The share price is currently 81.6% above its 52-week low of Rs 12.06, showcasing strong growth.
π° Over the past three years, investors in Orient Green Power Company have earned a whopping 590% return on their investments. The company’s board of directors has announced plans to increase its renewable energy capacity by up to 1 gigawatt.
π Orient Green Power Company is driving its business expansion in the renewable energy sector by creating diverse portfolios of wind and solar energy projects. The company has planned to invest Rs 100 crore in its subsidiary, Delta Renewable Energy, to develop various renewable energy projects.
π The Rights Issue Committee of Orient Green Power Company is set to hold a meeting on August 6, 2024. The meeting will discuss the number of rights issue shares, the issue price, eligibility criteria, ratio, and the record date of the company.
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