A very low-priced stock, KBC Global, which trades for less than ₹1, may grab attention on Monday, June 16. The reason? The company has started a new company called Dharan Infra Solar Private Limited, which will focus on solar energy and renewable power.
KBC Global, a company based in Nashik, is known for working on infrastructure and EPC (Engineering, Procurement, and Construction) projects. On June 14, the company announced that it had formed a fully owned subsidiary in the renewable energy sector. This decision was approved by the board of directors on June 13, 2025.
The new company, Dharan Infra Solar, will work on solar and hybrid energy solutions. Its goal is to promote green energy and support sustainable development. It will be involved in many areas like:
- Manufacturing and designing solar equipment
- Developing new energy solutions
- Trading, importing, and exporting solar products
- Building and running solar power projects
It will also work on systems that combine solar with other renewable energy sources, offering complete solutions for solar energy needs.
To reflect this shift in focus, KBC Global is changing its name to Dharan Infra-EPC Limited, signaling its aim to grow in the infrastructure and EPC fields. Earlier this year, in February 2024, the company had also announced bonus shares (1 new share for every 1 held), and mentioned that it had projects worth ₹260 crore in hand.
KBC Global Share Price Update
- The stock price has gone up by 22% in June so far.
- It may break its 7-month losing streak.
- In the last year, it dropped by 50%.
- It reached a high of ₹1.28 on November 7, 2023, and a low of ₹0.34 on May 13, 2024.
Note: This article is for learning purposes only. Please consult a financial expert before making any investment decisions. Market trends can change quickly.
