Ujaas Energy Soars Over 6% After Securing Order Form IPGSL

Stock of Ujaas Energy rallied over 6% as the company announced that it has received an order from Indraprastha Power Generation Co., (IPGSL) on Thursday.

The Company in its filing to the Exchanges said that for implementation of grid connected rooftop solar photo voltaic (PV) system of 669 kilowatt peak (KWP), under the capex model in selected GNCTD schools and government buildings in Delhi, it has received an order form IPGSL

The stock hit an intraday high of Rs 36.30; and an intraday low of Rs 35.10. The stock has delivered returns of over 57% in a period of one year, outperforming the BSE Small Cap and BSE CG indices over the same time span.

Ujaas Energy Limited is engaged in solar power plant operation business, and manufacturing and sale of solar power systems. The company’s segments include transformers, solar power plant operation, and manufacturing & sale of solar power systems. 

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About Suhani Varma

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