This renewable energy stock with expertise in Solar Inverters and Storage solutions is in focus after it jumped up to 4.50 percent following the reporting of an order for 200MW + solar inventors.
Share Price Movement
With a market capitalization of Rs. 308 Crore, the stock of GP Eco Solutions Limited opened at Rs. 247, down 2.06 percent from the previous close of Rs. 252.10. After reporting the order update stock jumped to a high of Rs. 263.45 up 4.50 percent.
Order Update
The Company has received an order for the supply of 200MW+ of Solar inverters, set for execution by the end of March 2025.The order highlights the increasing demand for solar inverters and energy storage solutions in the industry, reinforcing their dedication to delivering high-quality energy solutions and their capability to effectively meet evolving market requirements.
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Financial Highlights
The company reported an 88.12 percent YoY increase in revenue from operations to Rs. 44.28 Crore in H1FY24 to Rs. 83.30 Crore in H1FY25. Their Net profit saw a significant increase of 475.29 percent YoY from Rs. 0.85 Crore to Rs. 4.89 Crore for the same period.
About the company
GP Eco Solutions India Limited, established in 2010 and headquartered in Noida, Uttar Pradesh, is a prominent player in India’s renewable energy sector. The company specializes in providing comprehensive solar energy solutions, including engineering, procurement, and construction (EPC) services for both commercial and residential clients.
GPES is also known for distributing hybrid solar inverters and lithium ferro-phosphate (LFP) batteries under its proprietary “Invergy” brand.
Written By Abhishek Das
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