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Gujarat Industries Power Co Ltd

Gujarat Industries Power Co Ltd (GIPCL)

₹183.8▲3.62%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Gujarat Industries Power Co Ltd share Performance

₹182.4
₹191.7
₹183.8
0.76%
Low
Day's Volatility:5.06%
High
4.30%
₹90
₹237.5
₹183.8
51.03%
Low
52 Weeks Volatility:80.25%
High
29.22%

Returns %
1 Month Return	2.33 %
3 Month Return	-14.33 %
1 Year Return	100.63 %

Market Stats
Previous Close	₹190.70
Open	₹191.70
Volume	4.11L
Upper Circuit	-
Lower Circuit	-
Market Cap	₹2,884.34Cr

Company Information

Gujarat Industries Power Company Ltd (GIPCL), one of the five 'Pachratnas' jewels in Gujarat, is engaged in various forms of power generation, from gas, lignite, wind and solar. The company was originally promoted in 1985 by the Government of Gujarat, with the objective of setting up a 120 MW coal-based power plant. Over the years, their total capacity of Vadodara and Mangrol plants has increased to 810 MW, and further expansion plans are in place to increase this capacity to 1000 MW. In the last few years, GIPCL has been certified for multiple standards such as ISO 9001:2000, ISO 14001:2004, and OHSAS 18001:1999, and has also commissioned grid-connected Two Distributed Solar Pilot Plants of 1 MW each in Amrol and Vastan. With the commissioning of the 97.4 MW Wind Farms at various locations in 2017, 112.4 MW Wind Power Projects in 2018, and the 100 MW Solar Power Plant at Raghanesda in 2021, GIPCL is poised to be an integral part of Gujarat's power supply.

Share Price: ₹183.80 per share as on 06 May, 2024 04:01 PM
Market Capitalisation: ₹2,884.34Cr as of today
Listing date: 02 Dec, 1994
Chairperson Name: A K Rakesh

Organisation	Gujarat Industries Power Co Ltd
Headquarters
Industry	Power Generation & Distribution
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Key events for Gujarat Industries Power Co Ltd

Gujarat Industries Power Co Ltd Signs Loan Agreement and Awards Module Supply Order - 03 May, 2024
Gujarat Industries Power Co Ltd has signed a Rs 2,832-crore loan agreement with the National Bank for Financing Infrastructure and Development (NaBFID) and awarded Vikram Solar a 250 MW module supply order to develop solar energy infrastructure in Gujarat.
Waaree Energies Secures Contract from Gujarat Industries Power Co Ltd - 29 Apr, 2024
Waaree Energies has secured a contract from Gujarat Industries Power Company Limited (GIPCL) for the comprehensive supply of solar PV modules incorporating advanced bifacial technology for the 2,375 MW RE Park near Village Khavda, Great Rann of Kutch, Gujarat.

Fundamentals of Gujarat Industries Power Co Ltd

Insights on Gujarat Industries Power Co Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 3.86% to 4.97% in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 1 year, Tata Power Company Ltd has given 124.4% return, outperforming this stock by 23.7%
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 55.43% of holdings in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 3 years, Tata Power Company Ltd has given 341.9% return, outperforming this stock by 190.5%
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 27.11% to 26.05% in Mar 2024 quarter
NEGATIVE IMPACT
Price Dip
In the last 3 months, GIPCL stock has moved down by -14.3%