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Showing posts with label Insolation Energy stock split. Show all posts
Showing posts with label Insolation Energy stock split. Show all posts

Saturday, January 25, 2025

Insolation Energy Completes 1:10 Stock Split; Shares Now Trade Below ₹300

stock market news

Insolation Energy Completes 1:10 Stock Split; Shares Now Trade Below ₹300

Stock Split Details

Insolation Energy, a leading solar energy provider, completed a **1:10 stock split** on January 24, 2025. The split reduced the face value of each share from **₹10 to ₹1**, making the stock more affordable for retail investors. Post-split, shares that previously traded near **₹2,945** are now priced below **₹300**.

Key Highlights

  • Ex-Date: January 24, 2025
  • Split Ratio: 1:10 (1 share of ₹10 face value split into 10 shares of ₹1 face value)
  • Objective: Enhance liquidity and broaden the shareholder base

Financial Performance (H1 FY2025)

Insolation Energy reported strong financial results for the first half of FY2025:

  • Revenue: ₹612.69 crore (118% YoY growth)
  • EBITDA: ₹81 crore (172% YoY growth)
  • Net Profit: ₹61.27 crore (307.53% YoY growth)
  • Earnings Per Share (EPS): Increased from ₹7.22 to ₹29.41

About Insolation Energy

Insolation Energy Ltd is a prominent player in India’s solar energy sector, specializing in Solar EPC (Engineering, Procurement, and Construction) services. The company has developed and connected over **500 MW+ of Solar PV Modules**, contributing significantly to India’s renewable energy landscape. Listed on the BSE SME platform, Insolation Energy is known for its innovative technologies and sustainable energy solutions.

Market Reaction

On the ex-split date, Insolation Energy’s shares closed lower, reflecting market adjustments post-split. However, the company’s strong financial performance and growth prospects in the renewable energy sector continue to attract investor interest.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. Consult a qualified financial advisor before making investment decisions.