Ujaas Energy rose 3.41% to Rs 16.70 at 12:25 IST on BSE after net profit surged 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.
The result was announced after market hours yesterday, 4 November 2015.
Meanwhile, the S&P BSE Sensex was down 61.66 points or 0.23% at 26,491.26.
On BSE, so far 92,000 shares were traded in the counter as against average daily volume of 1.17 lakh shares in the past one quarter.
The stock hit a high of Rs 17.40 and a low of Rs 16.55 so far during the day. The stock had hit a 52-week high of Rs 25.50 on 11 November 2014. 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 4 November 2015, gaining 2.87% compared with Sensex's 1.27% rise. The scrip had, however, underperformed the market in past one quarter, declining 11.02% as against Sensex's 5.41% fall.
The small-cap company has equity capital of Rs 20 crore. Face value per share is Rs 1.
Ujaas Energy is engaged in design of various products and solutions for producing clean energy.
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