Urja Global shines on getting nod to ink MoU with E-trio Automobiles

Urja Global shines on getting nod to ink MoU with E-trio Automobiles

by admin- Tuesday, February 12th, 2019 04:41:03 PM

Urja Global is currently trading at Rs. 3.50, up with the aid of 0.22 points or 6.Seventy one% from its previous last of Rs. Three.28 at the BSE.

The scrip opened at Rs. Three.37 and has touched a excessive and low of Rs. 3.60 and Rs. Three.37 respectively. So far 406824 stocks have been traded at the counter.

The BSE institution ‘B’ inventory of face value Rs. 1 has touched a fifty two week excessive of Rs. 9.02 on 15-Feb-2018 and a fifty two week low of Rs. 1.60 on 08-Oct-2018.

Last one week excessive and coffee of the scrip stood at Rs. Three.60 and Rs. 2.90 respectively. The contemporary marketplace cap of the employer is Rs. 178.54 crore.

The promoters preserving in the organisation stood at 33.Fifty two%, whilst Institutions and Non-Institutions held zero.Seventy eight% and 65.69% respectively.

Urja Global has acquired approval for signing of Memorandum of understanding (MoU) with E-trio Automobiles for proving Technical assistance for retrofitting of old automobiles to make e-automobiles. The Board of Directors of the Company at its meeting hung on February eleven, 2019 has accredited the identical.

The board has considered the funding of Rs 50 crore in proposed Urja University as industry partner for its establishment in Kaladera, Jaipur within the nation of Rajasthan. The board has additionally taken into consideration the thought of producing of lithium ion Batteries in Northern Region through the totally owned subsidiary — Urja Batteries of the corporation.

News Updates