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KP Green Engineering: Stock zooms 4% after KP Group seals major ₹4,000 Cr green energy pact with Gujarat

KP Group signed an MoU with the Government of Gujarat to develop 855 MW renewable energy projects, including solar and wind-solar hybrid, with ₹4,000 crore investment.
KP Group logo over factory floor with machinery and welding

Introduction

Leading energy group signed an MoU with the Gujarat government to develop 855 MW renewable energy projects, including solar and wind-solar hybrid, with ₹4,000 crore investment.

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Share price movement of KP Green Engineering

On January 13, 2026, KP Green Engineering Ltd opened at ₹419.00, up 0.84% from its previous close of ₹415.55. The stock reached a high of ₹432.90 (4.13%) and a low of ₹419.00. By 11:05 AM, it traded at ₹420.00, a 1.07% increase, with a market cap of ₹2,100.00 crore.

KP Group Signs ₹4,000 Cr Gujarat MoU

KP Group signed a Memorandum of Understanding with the Government of Gujarat on January 12, 2026, to develop renewable energy projects across multiple locations in the state, including Devbhumi Dwarka and Kutch.

The projects include 605 MW of solar power and 250 MW of ISTS-connected wind–solar hybrid power. The total proposed investment is ₹4,000 crore, with over 4,000 estimated jobs to be generated.

Implementation of the projects will be phased, subject to statutory approvals and clearances. The Government of Gujarat will facilitate permissions, registrations, and approvals under applicable policies and regulations.

Stock performance of KP Green Engineering for Period of 1 week, 6 months, and 1 year

KP Green Engineering Ltd declined 1.05% over the past week, fell 22.5% in six months, and eased 7.45% over the past one year.

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Shareholding pattern of KP Green Engineering

ParticularsSep 2025Jun 2025Mar 2025
Promoter66.60%66.60%66.60%
FII0.30%0.60%1.80%
DII0.10%0.20%0.50%
Public33.00%32.70%31.10%

About KP Green Engineering

KP Green Engineering Ltd (NSE: KPGEL) manufactures fabricated and hot-dip galvanized steel products and is the flagship manufacturing arm of the diversified KP Group renewable energy conglomerate.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is KP Green Engineering Ltd share price rising today?

A: KP Green Engineering Ltd share price rose following market trading, reflecting investor activity and interest in the stock on January 13, 2026.

Q: What is KP Green Engineering Ltd’s main business focus?

A: KP Green Engineering Ltd manufactures fabricated and hot-dip galvanized steel products and supports KP Group’s renewable energy operations.

Q: What is the 52-week high and low of KP Green Engineering Ltd stock?

A: KP Green Engineering Ltd stock has a 52-week high of ₹626.65 and a 52-week low of ₹340.00.

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