Udaipur (Udaipur Kiran): Shares of Gujarat Industries Power Company Ltd (GIPCL) moved higher on Thursday after the company announced the successful commissioning of the final phase of its 600 MW solar power project in Kutch. The stock was trading at ₹159.10, up by ₹3.25 or 2.09 per cent on the BSE.
The scrip opened at ₹151.65 and touched an intraday high of ₹161.35 and a low of ₹151.65. A total of 20,563 shares were traded during the session. The stock’s 52-week high stands at ₹245.20, recorded on January 3, 2025, while the 52-week low is ₹140.35, hit on December 9, 2025. The company’s current market capitalisation is ₹2,461.72 crore.
Promoters hold a 56.57 per cent stake in the company, while institutional investors and non-institutional investors hold 16.25 per cent and 27.19 per cent respectively.
Gujarat Industries Power Company has commissioned the fifth and final phase of its 600 MW solar power project, comprising 135 MW, at the Khavda Renewable Energy Park in the Great Rann of Kutch. With this, the entire 600 MW capacity of the project has now become operational. Earlier, the company had commissioned the fourth phase of 150 MW.
GIPCL is engaged in power generation through gas, lignite, wind, and solar sources, with its operations primarily based in Gujarat.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.