Lower Circuit Alert: Solar company receives order worth Rs 121,92,00,000 from Welkin Renewable India Pvt Ltd
DSIJ Intelligence-1 / 12 Jul 2025/ Categories: Multibaggers, Trending
The company has a market cap of over Rs 600 crore and the stock has given multibagger returns of over 140 per cent from its 52-week low of Rs 212.20 per share.
On Friday, shares of GP Eco Solutions India Ltd hit a 5 per cent lower circuit to Rs 514.75 per share from its previous closing of Rs 541.80 per share. The stock’s 52-week high is Rs 541.80 per share and its 52-week low is Rs 212.20 per share.
GP Eco Solutions India Ltd (GPESL) has secured a significant Engineering, Procurement, and Construction (EPC) contract from WELKIN RENEWABLE INDIA PRIVATE LIMITED for a ground-mounted, grid-connected solar power plant in Punjab, India. This domestic project, valued at Rs 121.92 crore, involves the development of a cumulative 24 MWac / 31.67 MWdc capacity and will be executed under an Open Access Captive Metering Arrangement. GPESL will provide comprehensive EPC services, from design to commissioning, with a penalty clause for delays, and the project is slated for full commissioning by March 31, 2026.
About the Company
GP Eco Solutions India Ltd (GPESL), incorporated in 2010, is an ISO 9001:2015 certified company engaged in the manufacturing and trading of solar plants/panels, electronic equipment, and solar equipment. As an authorised distributor, GPESL partners with major players like Sungrow India (for inverters) and Saatvik Green Energy and LONGi Solar (for panels) in North India. While also providing integrated solar energy solutions, including engineering, procurement, and construction (EPC) services, their primary business focus is the distribution of solar inverters and panels. GPESL also owns the "INVERGY" brand, under which they OEM manufacture hybrid solar inverters and lithium ferro phosphate (LFP) batteries.
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GP Eco Solutions India Limited has announced its H2 and FY25 financial results, reporting a consolidated revenue from operations of Rs 246.43 crore for FY25, a significant increase from Rs 138.44 crore in FY24, marking a 78.00 per cent year-on-year growth. The company's Profit After Tax (PAT) for FY25 stood at Rs 10.46 crore, up from Rs 7.33 crore in FY24, showing a 5.02 per cent year-on-year increase. For H2FY25, revenue from operations reached Rs 246 crore, with PAT reported at Rs 5.57 crore, an increase of 13.87 per cent compared to Rs 4.89 crore in H1FY25.
The company has a market cap of over Rs 600 crore and the stock has given multibagger returns of over 140 per cent from its 52-week low of Rs 212.20 per share.
Disclaimer: The article is for informational purposes only and not investment advice.