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Ujaas Energy gains 9% on order win from Assam Energy Development Agency
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Ujaas Energy gains 9% on order win from Assam Energy Development Agency

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Ujaas Energy gains 9% on order win from Assam Energy Development Agency

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The company has received work order from AEDA for design, supply, installation, testing, commissioning of aggregate capacity of 2MW under RESCO Mode of grid connected solar PV rooftop power plants in Assam.

Shares of Ujaas Energy advanced 9 percent intraday Tuesday on order received from Assam Energy Development Agency (AEDA).

The company has received work order from AEDA for design, supply, installation, testing, commissioning of aggregate capacity of 2MW under RESCO Mode of grid connected solar PV rooftop power plants in Assam.

At 11:52 hrs Ujaas Energy was quoting at Rs 24.90, up Rs 1.75, or 7.56 percent.

The share touched its 52-week high Rs 52.25 and 52-week low Rs 20.60 on 16 December, 2016 and 29 August, 2017, respectively.

The stock has declined 49 percent in the last 9 months.

Source: moneycontrol

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Anand Gupta Editor - EQ Int'l Media Network
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