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Ucal hits upper circuit on inking MoU with Blaer Motors

27 Aug 2024 Evaluate

UCAL is currently trading at upper limit of Rs. 200.00, up by 33.30 points or 19.98% from its previous closing of Rs. 166.70 on the BSE.

The scrip opened at Rs. 171.00 and has touched a high and low of Rs. 200.00 and Rs. 171.00 respectively. So far 33864 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 200.00 on 27-Aug-2024 and a 52 week low of Rs. 126.00 on 14-Mar-2024.

Last one week high and low of the scrip stood at Rs. 200.00 and Rs. 163.55 respectively. The current market cap of the company is Rs. 442.27 crore.

The promoters holding in the company stood at 70.28%, while Institutions and Non-Institutions held 0.13% and 29.59% respectively.

Ucal has signed a Memorandum of Understanding (MoU) with Blaer Motors, one of the specialist companies in designing and development of hybrid drivetrain solutions, to collaborate in leveraging their combined expertise and resources towards designing and development of electronic component the Motor Controller ranging from 500 watts to 2 Kilo watt meeting the needs of the customers of UCAL and to expand market reach and synergising the competencies, resources of each other's organisation.

Ucal is in the business of providing holistic solutions in fuel management systems and is committed to producing products of consistent quality and timely delivery.

UCAL Share Price

109.05 4.20 (4.01%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 131.95
Tube Investments 3048.15
Bosch 38138.45
UNO Minda 1178.05
CIE Automotive India 474.85
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