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Ujaas Energy zooms on bagging work order from RRECL

05 Apr 2017 Evaluate

Ujaas Energy is currently trading at Rs. 37.60, up by 2.25 points or 6.36% from its previous closing of Rs. 35.35 on the BSE.

The scrip opened at Rs. 36.25 and has touched a high and low of Rs. 37.90 and Rs. 36.00 respectively. So far 422267 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 52.25 on 16-Dec-2016 and a 52 week low of Rs. 19.40 on 29-Sep-2016.

Last one week high and low of the scrip stood at Rs. 37.90 and Rs. 33.30 respectively. The current market cap of the company is Rs. 751.00 crore.

The promoters holding in the company stood at 70.69%, while Institutions and Non-Institutions held 1.19% and 28.11% respectively.

Ujaas Energy has received work orders under capacity allocation from Rajasthan Renewal Energy Corporation (RRECL) for design, supply, installation and commissioning of 850 Kwp grid connected solar power plant in various schools and colleges in Rajasthan.

Ujaas Energy is engaged in solar power plant operation business, and manufacturing and sale of solar power system. The company's segments include Transformer, Solar Power Plant Operation, and Manufacturing & Sale of Solar Power Systems.

Peers
Company Name CMP
Waaree Energies 2503.95
Apar Industries 17070.25
Havells India 1091.95
Suzlon Energy 42.13
Siemens 3748.10
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