Multibagger Wind & Solar Power EPC Company Secures 2 LOAs Worth Rs 48.28 Crore from Juniper Green Energy – Stock Gains Over 260 Per cent
The company’s shares have delivered an impressive multibagger return of over 260 per cent to its shareholders.
This Small-Cap solar and wind EPC company has received confirmed Supply and Service Orders from Juniper Green Energy Private Limited as outlined below:
Supply Order: Winsol Engineers has secured a supply order valued at Rs 20 crore to deliver materials required for the EPC work of a 220 kV single-circuit transmission line on a double-circuit tower, featuring AL-59 Zebra Conductor as per GETCO design specifications. This includes 120-micron hot-dip galvanized transformers and structural materials for the Wind Power Project at Jam Khambaliya CTU-I in Gujarat, adhering to the detailed requirements outlined in the order.
Service Order: Additionally, the company has received a service order worth approximately Rs 28.28 crore for installation, testing, commissioning, right-of-way (ROW) management, and obtaining statutory approvals. This work pertains to the same 220 kV single circuit transmission line on a double circuit tower with AL-59 Zebra Conductor, 120-micron hot-dip galvanized transformers, and structural materials at the Jam Khambaliya CTU-I Wind Power Project in Gujarat, as per GETCO's design and specifications.
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On Tuesday, the shares of Winsol Engineers closed at around Rs 271 per share on the NSE. The company’s current market capitalization stands at Rs 312.60 crore. Additionally, the shares have delivered multibagger return of over 260 per cent compared to the final issue price of Rs 75 each.
Incorporated in 2015, Winsol Engineers Ltd specializes in providing Wind and Solar services, including HV/EHV operation and maintenance, and commissioning of wind projects. The company is an ISO-certified entity, holding ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. As an integrated engineering, procurement, construction, and commissioning (EPCC) company, Winsol Engineers Ltd delivers comprehensive Balance of Plant (BoP) solutions for both wind and solar power generation projects.
Disclaimer: The article is for informational purposes only and not investment advice.