2,200 per cent returns: This multibagger power generation company receives largest single order of 40 MW from Anupam Rasayan India Ltd!

The stock has a PE of 18.4x and a ROE of 53.40 per cent.

KPI Green Energy Ltd inform that the company has received the new largest single LOI for executing a Wind-Solar Hybrid Power Project of 40 MW (comprising of 21.50 MW Wind and 18.50 MW Solar) capacity from M/s Anupam Rasayan India Ltd., Surat under ‘Captive Power Producer (CPP)’ business segment of the Company. This largest single LOI for the 40 MW Wind-Solar Hybrid Power Project is a significant milestone for our company, showcasing our strong position in the renewable energy market.

On Tuesday, shares of KPI Green Energy zoomed 5.40 per cent to make a new 52-week high of Rs 568.70 per share from its previous closing of Rs 539.55. At 11:30 am, shares of the company were trading at Rs 561.40 per share, up 4.05 per cent.

KPI Green Energy Limited provides renewable energy construction services. The company designs and builds solar & wind power plants. KPI Green Energy serves customers in India. The shares of the company saw a spurt in volume by more than 1.65 times on BSE.

The company has a market cap of Rs 2,031 crore with a CAGR of 264 per cent in just 3 years. The stock has a PE of 18.4x and a ROE of 53.40 per cent. The net sales increased by 143.54 per cent and net profit skyrocketed by 222.17 per cent in Q4FY23 over Q4FY22. The net sales increased by 179.98 per cent and net profit skyrocketed by 153.55 per cent in FY23 over FY22.

The stock gave multibagger returns of 118 per cent in just 1 year and over 2,200 per cent returns in just 2 years. Investors should keep an eye on this Small-Cap stock.