Following the company's announcement that the board will review the proposal for the declaration of the third interim dividend for the fiscal year 2024–2025, shares of KPI Green Energy Ltd. saw a 5% increase on Monday. On February 6, the business will also release its Q3 earnings.

The multibagger stock rose 5% during the trading session today, hitting a 52-week high of Rs 405 in the process. The power stock opened higher today at Rs 397 compared to the previous close of Rs 385.75 on the BSE. The stock has risen 293% in just two years and 662% in three and a half years, respectively.

A total of 0.72 lakh shares of the company were traded, resulting in a BSE turnover of Rs 2.91 cr. On the BSE, the company was worth Rs 7,974 crore. The stock fell to a 52-week low of Rs 312.95 on January 29, 2025.

The BSE has been notified by KPI Green Energy Limited that the company's board of directors will meet on Thursday, February 6, 2025, among other things, to discuss the proposal for the declaration of the third interim dividend, if any, for the fiscal year 2024–2025. According to Regulation 42 of the SEBI Regulations, the record date for any dividend declared by the Board of Directors is February 18, 2025. This disclosure is attached," KPI Green Energy stated.

KPI Green Energy is not trading in the overbought or oversold area, as indicated by its relative strength index (RSI), which is 40.9. The stock is above the 5 day, 10 day, and 20 day moving averages but below the 30 day, 50 day, 100 day, 150 day, and 200 day moving averages.

Operating under the "Solarism" brand, KPI Green Energy is a solar power generation company that specializes in providing solar power to clients who are Independent Power Producers (IPPs) and Captive Power Producers (CPPs).