Ujaas Energy has won an order from MPUVN (MP Urja Vikas Nigam) for grid connected, rooftop solar photo-voltaic (SPV) plants for BSNL buildings in Madhya Pradesh, and a second order in Rajasthan from the RRECL (Rajasthan Renewal Energy Corporation)for an 850 kwp solar plant grid connecting schools and colleges. Both projects are end-to-end from design to installation and commissioning.
Ujaas' share price has been trending up since March 31, but remains under the target price of Rs. 47 issued by Karvy on 9th November 2016.