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Ujaas Energy surges on bagging order from Hindustan Aeronautics

05 Jun 2017 Evaluate

Ujaas Energy is currently trading at Rs. 32.90, up by 1.70 points or 5.45% from its previous closing of Rs. 31.20 on the BSE.

The scrip opened at Rs. 34.60 and has touched a high and low of Rs. 34.60 and Rs. 32.30 respectively. So far 44,000 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. 37.00 and Rs. 31.00 respectively. The current market cap of the company is Rs. 662.00 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 received order from Hindustan Aeronautics for design, engineering, manufacturing/procurement, supply, construction, erection, testing and commissioning of 15 MW (AC) ground Mounted Solar Power Plant at HAL Ojhar Township, Nashik district in state of Maharashtra.

Recently, the company had received letter of intent (LOI) from MOIL for designing, engineering, procurement, supplying, construction, erection, testing and commissioning of 5.5 MW (AC) Solar PV Plants with tracking system on turnkey basis at Mines in the state of Madhya Pradesh.

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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