Ujaas Energy Ltd. share price target and research reports

Name: Latest research reports of Ujaas Energy Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: Ujaas Energy Ltd.
Rating: 5
Author: Karvy

Latest analyst research reports with target prices and PDF download for UEL, BSE:533644 Ujaas Energy Ltd.

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Ujaas Energy Ltd.

09 Nov 2016

169.92

5.00%

Ujaas Energy Ltd: Strong Foray in to Domestic Rooftop Segment (Nov 09, 2016)

Buy: Ujaas Energy Ltd.

Target

Karvy

Strong Foray in to Domestic Rooftop Segment: The company has reported sales numbers of Rs. 1212mn showing a growthof 129.9% YoY. The first half sales numbers came to Rs. 2149mn showing an exponential growth of 233.3%. The EBITDA numbers came in at Rs.184mn for Q2FY17 representing 47.7% growth YoY with EBITDA margins declining by 843bpsYoY and reaching to 15.1% majorly due to focus on EPC based business.

Ujaas Energy Ltd. is trading above all available SMAs

Ujaas Energy Ltd.

01 Feb 2016

169.92

5.00%

Ujaas Energy Ltd: Government Policy and Robust Backlog Provide Thrust (Feb 01, 2016)

Buy: Ujaas Energy Ltd.

Karvy

Government thrust for renewable energy: The government has set a target of installed wind power capacity of 1,00,000MW, to be attained by FY22E, from the current capacity of 4500MW. Today solar capacity is about 4500MW and capacity target for FY16E is about 2000MW. During FY17E, the country is hoping to add 12000MW in solar sector alone.

Ujaas Energy has gained 18.81% in the last 1 Month

Is Ujaas Energy Ltd. worth buying?

279 Votes:

Buy 68.1%

Sell 19.71%

Hold 12.19%