Ujaas Energy strengthens on launching first E-Scooter

Ujaas Energy strengthens on launching first E-Scooter

by admin- Monday, February 18th, 2019 04:16:52 PM

Ujaas Energy is presently trading at Rs. 5.Sixty six, up with the aid of 0.16 factors or 2.Ninety one% from its preceding closing of Rs. 5.50 on the BSE.

The scrip opened at Rs. Five.70 and has touched a high and low of Rs. Five.84 and Rs. 5.60 respectively. So a long way 2829 stocks have been traded at the counter.

The BSE institution ‘B’ inventory of face value Rs. 1 has touched a 52 week high of Rs. 22.40 on 16-Feb-2018 and a 52 week low of Rs. Four.90 on 06-Feb-2019.

Last one week high and low of the scrip stood at Rs. 6.40 and Rs. 5.05 respectively. The present day market cap of the organization is Rs. 112.22 crore.

The promoters maintaining inside the organization stood at 60.Seventy two%, at the same time as Institutions and Non-Institutions held 0.21% and 39.07% respectively.

Ujaas Energy has entered into Electrical Vehicle section by way of launching its first E-Scooter to be rolling on roads within the first week of March. Ujaas might be presenting an Upfront UEMMP support of Rs 7,500 on each scooter (as a release offer) on Lead Acid Battery Vehicles; as Central Government NEMMP Subsidy is now not available for this phase.

The company is aggressively working on distinctive models and has placed to launch 12 fashions/editions with the aid of launching a new one each three months. Different models are being designed on know-how the priority of different belt of customers and will cater to their distinct desires.

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