Ujaas Energy surged 5.41% to Rs 21.45 at 10:39 IST on BSE after the company said it has secured an engineering, procurement and construction order worth about Rs 91.78 crore in Gujarat.
The announcement was made after market hours yesterday, 3 December 2015.
Meanwhile, the S&P BSE Sensex was down 169.17 points or 0.65% at 25,717.45.
On BSE, so far 3.08 lakh shares were traded in the counter as against average daily volume of 1.19 lakh shares in the past one quarter.
The stock hit a high of Rs 21.65 and a low of Rs 20.75 so far during the day. The stock had hit a 52-week high of Rs 24.20 on 19 February 2015. The stock had hit a 52-week low of Rs 13.55 on 17 December 2014.
The stock had outperformed the market over the past one month till 3 December 2015, surging 27.19% compared with Sensex's 2.65% fall. The scrip had also outperformed the market in past one quarter, jumping 32.49% as against Sensex's 0.47% rise.
The small-cap company has equity capital of Rs 20 crore. Face value per share is Rs 1.
Ujaas Energy said it has secured an engineering, procurement and construction (EPC) order worth about Rs 91.78 crore for 10 megawatts (MW) canal bank grid connected solar photovoltaic power plant at Vadodara, Gujarat and its operation and maintenance for 25 years, issued by Sardar Sarovar Narmada Nigam.
Ujaas Energy's net profit rose 74.5% to Rs 3.28 crore on 83% growth in net sales to Rs 52.69 crore in Q2 September 2015 over Q2 September 2014.
Ujaas Energy is engaged in design of various products and solutions for producing clean energy.
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