Ujaas Energy bags order from UREDA

India Infoline News Service | Mumbai | October 17, 2016 11:25 IST

The order is for design, manufacture, supply, erection, testing and commissioning of Grid Interactive Rooftop and Small Solar PV Power Plants on 364 houses with a capacity of 4 & 5 Kwp at various locations in two districts of Uttarakhand.

Ujaas Energy Ltd is currently trading at Rs 24.25, up by Rs 1 or 4.3% from its previous closing of Rs 23.25 on the BSE. Ujaas Energy has won an order from Uttarakhand Renewable Energy Development Agency (UREDA) for Grid Interactive Rooftop & small Solar PV Power Plant of up to 5Kwp.

The order is for design, manufacture, supply, erection, testing and commissioning of Grid Interactive Rooftop and Small Solar PV Power Plants on 364 houses with a capacity of 4 & 5 Kwp at various locations in two districts of Uttarakhand.

The scrip opened at Rs 23.7 and has touched a high and low of Rs 24.45 and Rs 23.6 respectively. So far 595236 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 465 crore.

The BSE group 'B' stock of face value Rs 1 has touched a 52 week high of Rs 31.9 on 06-Jan-2016 and a 52 week low of Rs 15.6 on 09-Nov-2015. Last one week high and low of the scrip stood at Rs 24.65 and Rs 23.2 respectively.

The promoters holding in the company stood at 70.69 % while Institutions and Non-Institutions held 1.71 % and 27.6 % respectively.

The stock is currently trading above its 200 DMA.

***Note: This is a NSE Chart

 

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