Bengaluru, Sept. 16 -- A penny-cap company engaged in manufacturing solar photovoltaic modules, generating wind and solar power, and trading other solar products is in focus today after converting its Fabcity SEZ plant into a company-owned facility.

With the market capitalization of Rs. 172.72 crore, the shares of Surana Solar Ltd trading at Rs. 35.10, up by 3.33 percent from its previous day's close price of Rs. 33.97 per equity share, and it has reached an intraday high of Rs. 35.22.

What's the News? The company's solar module manufacturing plant land at Fabcity has been de-notified from SEZ status and converted into freehold property by the Telangana government, making it company-owned. This strengthens operational infrastructure and...