India's KPI Green Energy rises on long-term solar power deals

KPI Green Energy

16/01/2023 09:33

** Shares of KPI Green Energy Ltd  KPIG.NS  rise as much as
2.2% to 877 rupees, their biggest intraday pct gain since Jan. 5
    ** The solar power generation co signs three new long-term
power purchase agreements for sale of 6.30 MW of solar power
    ** Stock crosses 100-day simple moving average (SMA) (868.09
rupees) and is trading above 200-day SMA (735.36 rupees)
     ** About 73,000 shares change hands by 2:40 p.m. IST vs
30-day avg of 71,300 shares
    ** Stock up more than 170% last year
 (Reporting by Priya Sagar in Bengaluru)
 ((Priya.Sagar@thomsonreuters.com;))