Indiabulls Power's 1st unit of its 1350 MW Phase 1 thermal power plant at Amravati, Maharashtra had commenced its commercial operation and has started supply of power under long term power purchase agreement to Maharashtra State Electricity Distribution company.
The promoters holding in the company stood at 60.79%, while institutions and non-institutions held at 20.34% and 18.36% respectively.
The scrip is trading at Rs.8.05, up by 4.51% from its previous closing of Rs.7.75, the scrip gave a high of Rs.8.15 and a low of Rs.8.00.
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