You Must Have This Solar Company’s Share in Your Portfolio, Which is Giving a Fantastic Profit of 1,355%
On Friday, shares of India’s prominent solar energy company, Epic Energy Limited, surged by 2%, reaching an upper circuit price of ₹92.42 per share, significantly up from the previous close of ₹88.84. This increase marks a remarkable 1,448% rise from its 52-week low of ₹5.97 per share.
Learn About the Company
Epic Energy specializes in energy efficiency and renewable solutions, helping businesses and individuals reduce their carbon footprint and energy costs. Their services include energy audits, renewable energy installations, and energy management systems, aimed at promoting a greener future.
Know the Financial Performance of the Company
In Q2 FY25, Epic Energy reported a 35.3% growth in net sales to ₹0.69 crore and an impressive 1,600% increase in net profit to ₹0.34 crore compared to Q2 FY24. For H1 FY25, net sales rose 21.1% to ₹1.32 crore, reflecting strong financial health.
Company’s Expansion Plans
Epic Energy has partnered with Fenfio Automotive Pvt Ltd to establish an EV charger manufacturing plant in Coimbatore, aiming for an initial capacity of 15,000 chargers annually. This initiative supports India’s electric mobility goals and addresses the increasing demand for fast-charging infrastructure.
Disclaimer: This article does not advise any investment; it is intended solely for informational purposes.
Follow DelhiBreakings on Google News
Summary at glance
Epic Energy Limited, a leading solar energy company in India, recently saw its shares surge by 2%, reaching a new 52-week high of ₹92.42, representing an impressive 1,448% increase from its lowest point. The company reported significant financial growth, including a 1,600% rise in net profit for Q2FY25. Additionally, Epic Energy is expanding into electric vehicle infrastructure by partnering with Fenfio Automotive to establish an EV charger manufacturing plant in Coimbatore.
Superfast News Coverage by DelhiBreakings.com team.
For Superfast national news and Delhi Breaking Stories visit us daily at https://delhibreakings.com