Ujaas Energy Limited (UEL.NS)
Ujaas Energy Limited operates in the Independent Power Producers industry of the Utilities sector, headquartered in Indore, MP, IN. The stock last traded at $246.50, down 5.00% on the session, giving a market capitalisation of $32.88B. Its beta of -0.41 implies it has historically moved less than the broad market.
Ujaas Energy Limited engages in the generation of solar power in India. It operates through Solar Power Generation and Maintenance; Manufacturing and Sale of Solar Power Plant; and Electric Vehicle (EV) segments. The company develops, operates, owns, and maintains a portfolio of solar energy power plants under the UJAAS brand; and provides engineering, procurement, and construction services; operations and maintenance services; and land and liasioning services. It also provides transformers, including convertor and special purpose transformers, power transformers, distribution transformers, and arc furnace and induction furnace transformers; and manufactures and sells electric scooters. The company was formerly known as M and B Switchgears Limited and changed its name to Ujaas Energy Limited in August 2013. Ujaas Energy Limited was founded in 1979 and is headquartered in Indore, India.
Ujaas Energy Limited is most often compared with the following Utilities names: