Energy company K.P. Energy shares soared on Tuesday, and are locked in 5 per cent upper circuit at Rs 409.85 apiece. On the other hand, S&P BSE Sensex was trading 0.24 per cent higher at 73,825.57 levels.
The surge came after K.P. Energy secured an order for development of a 9MW wind power project in Gujarat.
In an exchange filing, the Gujarat-based company said, “We are pleased to inform you that K.P. Energy Limited has received a new order for development of a 9MW wind power project forming part of the wind-solar hybrid power project to be developed in Gujarat.”