Insolation Energy Gains as Arm Sets Up New Subsidiary for Solar Projects | Udaipur Kiran


New Delhi, September 17 (Udaipur Kiran): Shares of Insolation Energy were trading higher on Tuesday after its wholly owned subsidiary Insolation Green Energy incorporated a new unit, NRJG Green Infra, as a special purpose vehicle (SPV) for solar power projects.

On the BSE, the stock was trading at ₹197.75, up by 0.51% from its previous close of ₹196.75. The scrip opened at ₹199.45 and touched an intraday high of ₹199.45 and a low of ₹195.00, with 59,000 shares traded so far.

The BSE Group ‘M’ stock, with a face value of ₹1, has touched a 52-week high of ₹475.00 (Nov 8, 2024) and a 52-week low of ₹189.95 (Sep 15, 2025). During the last week, the stock traded between ₹204.20 and ₹189.95. The company’s current market capitalization stands at ₹4,362.79 crore.

As per the latest shareholding data, promoters hold 66.02%, institutions 1.36%, and non-institutions 32.62%.

New Subsidiary Details

The newly incorporated NRJG Green Infra will be engaged in:

  • Development, erection, installation, and maintenance of solar power plants

  • Design, supply, erection, testing, and commissioning of rooftop solar (RTS) photovoltaic projects

  • Comprehensive operation and maintenance (O&M) services

  • Consultancy for renewable energy power plants

About Insolation Energy

Insolation Energy is a national solar energy provider with a portfolio covering polycrystalline and monocrystalline modules along with innovative products such as Twin Power, Dual Glass (Glass-to-Glass), BIPV, Poly, Mono, and Mono PERC modules.

 

 



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