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Oriana Power jumps 9% after MoU with Rajasthan govt for renewable projects

Business Standard LogoBusiness Standard5h ago

Oriana Power jumps 9% after MoU with Rajasthan govt for renewable projects - Business Standard

Quick Summary:

Shares of Oriana Power surged up to 8.79 per cent at 2,699.

Earnings Per Share (EPS) also witnessed a substantial jump to Rs 24.84, compared to Rs 4.33 in the prior year, signaling significant value creation for shareholders.

The revenue from operations stood at Rs 359.54 Crore, a significant increase from Rs 64.06 Crore in H1 FY24, showcasing the company’s rapid expansion.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 10:44:31 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 478 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24491070

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 290 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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