India's KPI Green Energy rises after deal to develop power projects

KPI Green Energy

20/12/2024 05:06

** Shares of KPI Green Energy LTD  KPIG.NS  rise as much as
5% to 802.30 rupees  
    ** Solar power generating co says it has signed a memorandum
of understanding (MoU) with Rajasthan government for development
of hybrid, solar and wind power projects at Jaisalmer
    ** Stock on track to snap three days of losses
    ** More than 617,000 shares traded as of 10:27 a.m. IST, vs
their 30-day moving avg of 477,369 shares 
    ** KPIG last up 4.3%, adding to YTD gains of ~63% 

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))