Two bulk deals aggregating 19.97 lakh shares at an average price of Rs 30.02 per share were executed on the Orient Green Power Company scrip at 11:53 IST on the BSE.

Meanwhile, the BSE Sensex was up 127.15 points, or 0.63%, to 20,152.57

On BSE, 22.95 lakh shares were traded in the counter compared with average volume of 6.90 lakh shares over the past month.

The stock hit a high of Rs 31 and a low of Rs 29.60 so far during the day. The stock had hit a record high of Rs 47.30 on 11 October 2010 and a record low of Rs 25.25 on 9 December 2010.

The stock had underperformed the market over the past one month till 28 December 2010, falling 0.49% compared with the Sensex's return of 4.64%.

Shares of Orient Green Power Company had debuted on the stock exchanges on 8 October 2010 at Rs 45.70 on BSE, a 2.77% discount to the initial public offer (IPO) price of Rs 47. On that day, the stock settled at Rs 44.90, a 4.47% discount to the IPO offer price.

The mid-cap stock has an equity capital of Rs 468.08 crore. Face value per share is Rs 10.

On a consolidated basis, Orient Green Power Company reported a net profit of Rs 8.72 crore in Q2 September 2010 compared with a net loss of Rs 4.60 crore in Q2 September 2009. Net sales surged 675.4% to Rs 62.03 crore in Q2 September 2010 over Q2 September 2009.