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Penny stock under ₹10: Orient Green Power shares rise 4.50% after Q2 Results 2026 | Do you own?

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In short

Orient Green Power posted an 8% increase in second-quarter total income to ₹147 crore, alongside a 12% rise in EBITDA to ₹117 crore. First-half earnings delivered over ₹100 crore in profit, though net comparisons softened against the prior year due to an earlier one-time gain of ₹16 crore. Growth during the period was aided by the operational rollout of a 17.6 MW solar project. Management is also progressing on wind capacity additions to prepare for future seasonal generation.

Key points

  • Profit exceeding ₹100 crore in the first half faced unfavorable comparisons due to an ear…: Profit exceeding ₹100 crore in the first half faced unfavorable comparisons due to an earlier ₹16 crore one-time gain.
  • Regulatory approvals are pending for the final stages of a 7.8 MW wind turbine repowering…: Regulatory approvals are pending for the final stages of a 7.8 MW wind turbine repowering project.
  • A new EPC contract was finalized to deliver 6.6 MW of wind capacity ahead of the next win…: A new EPC contract was finalized to deliver 6.6 MW of wind capacity ahead of the next wind season.

Sources checked by our analysis pipeline: 1

e Penny stock under ₹10 | Q2 Results 2026: Shares of Orient Green Power Company Ltd witnessed strong buying interest during the Opening Bell on Thursday session. The penny stock under ₹10 opened higher at ₹9.42 per share on the NSE and touched an intraday high of ₹9.75 per share within a few minutes of the Opening Bell, logging an intraday rise of 4.50% against the previous ay's close of ₹9.32 per share. However, the penny stock failed to sustain at higher levels after the profit-booking trigger and retraced from the intraday high. By 12:45 PM, Orient Green Power Company share price was trading around ₹9.40 apiece, nearly one per cent above the previous day's close.

The company came under the radar of Dalal Street bulls after the announcement of Q2 Results 2026 and H-1 FY27 earnings during the Thursday morning dealings.

The penny stock under ₹10 with a market cap of ₹1,100 crore and a P/E ratio of around 17, declared a strong second-quarter number for the financial year 2026-27.

During the July to September 2026 quarter, the company…

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