Ujaas Energy gave investors huge profits with a record return of 9,200%.

The demand for sustainable energy sources on the market is increasing. People install these systems in their homes to meet their domestic and commercial energy needs. The government also provides subsidies to citizens to install solar energy installations. Due to this increasing demand, the share of companies involved in sustainable energy has increased significantly. Solar energy company Ujaas Energy has given its investors an excellent return of 9,200% in just one year. This shows the growth of the company. Investing in Ujaas Energy can bring financial benefits in the future and also promote clean energy.

Ujaas energy

Ujaas Energy, a small company in the solar energy sector, has given its investors a return of 9,200% in just one year. Rapid growth has been observed in the company’s stock price. Ujaas Energy not only produces and sells solar energy equipment, but also develops large-scale solar energy projects.

Ujas Energy’s investors should certainly appreciate the strong growth it has delivered, coupled with excellent returns. Shares of Ujaas Energy are now trading at ₹226.28 per share on BSE, compared to the price of ₹215.51 per share on the previous trading day.

Operating result

Ujas Energy reported revenues of around ₹4 crore in the last quarter. Despite a net loss of ₹2.90 crore, the company’s total loss stood at ₹4.14 crore. In 2014, Ujas Energy reported a turnover of ₹27 crore. By 2023, the company had posted a turnover of ₹31 crore with a profit of around ₹29 crore and a loss of ₹17 crore.

Ujas Energy has a market capitalization of ₹1,920 crore. The company is active in the solar energy and electric vehicles sector and is a reliable brand. It is highly appreciated by investors due to its growing promoter interest and strong financial performance, making it an excellent investment option.

Also see: Install a 1 kW solar system in your home and take care of the load of your entire house