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Ujaas Energy gains on bagging additional allocation order from RRECL

12 May 2017 Evaluate

Ujaas Energy is currently trading at Rs. 36.40, up by 0.10 points or 0.28% from its previous closing of Rs. 36.30 on the BSE.

The scrip opened at Rs. 36.70 and has touched a high and low of Rs. 36.70 and Rs. 35.70 respectively. So far 58090 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. 37.50 and Rs. 34.35 respectively. The current market cap of the company is Rs. 721.00 crore.

The promoters holding in the company stood at 62.91%, while institutions and non-institutions held 1.53% and 35.56% respectively.

Ujaas Energy has bagged an additional allocation order of 2500Kwp grid connected SPV Power Plants from Rajasthan Renewal Energy Corporation (RRECL) under ‘Rooftop Solar Power Generation Scheme 2015-16’ in Rajasthan. Also, Ujaas is the only company to be awarded with an additional allocation order out of all the other bidders in the first allotment.

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.

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