**Introduction:**
The latest stock attracting investors' attention for consideration at the Rs 25 or below segment is Veer Energy & Infrastructure Ltd, a debt-free power penny stock with a major achievement of selling a state-of-the-art wind turbine installation worth Rs 429 lakh. It is quite a strategic move that supports the company's mission to pursue renewable energy in a bid to offer sustainable energy.
**Company Overview:**
The Company is well-positioned and has emerged as an important participant in the renewable energy segment. The company has recently disposed of an 800 KW to 850 KW, advanced wind turbine with the other turbines in an integrated capacity of 2450 KW at Kutch Gujarat. This sale underlines the company's values the clean energy and leadership in the renewable energy market.
**Stock Performance:**
On the same day, Veer Energy and Infrastructure Ltd was revealed to be down by 1 % in its shares on the Wednesday market. this coming down to 11% reached a closing price of Rs 20. 47 per share. Currently, the stock is listed at Rs. 22 having a 52 52-week high of Rs 33 and a low of Rs 13. 60, showing a 50. has risen by 5 percent from its 52-week low. Today it is at 0, it's clear that however small the figure is, it is significant to note that it is moving in the right direction for the stock, and therefore the company. 48 its book value which may suggest it is undervalued.
**Financial Highlights:**
By June 2024, Veer Energy & Infrastructure Ltd became a debt-free organization with a market capitalization amount of more than Rs 30 crore. The financial position of the company together with its aims at engaging in the production of renewable power make it competitive in the power industry.
**Major Transaction:**
The sale of the wind turbine can be said as a milestone in the case of Veer Energy. The company will oversee and run the sold wind turbine, meaning that the technology with the help of the company will afford environmentally friendly power and decrease carbon footprint.
**Conclusion:**
Veer Energy & Infrastructure Ltd is one of the penny stocks in the power sector which might be of interest to value pick investors. Its' recent transaction, along with its debt-free balance sheet suggests that the company has the potential to grow in the clean energy market.
**warning**
It is therefore important to point out that this article is purely informative and does not in any way constitute advice to invest. It will also be wise to seek the service of an accredited financial consultant when planning to invest. (alert-warning)
