/ Ujaas Energy In Focus Today Up By 7.97% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 3 January 2017

The shares for Ujaas Energy, which makes heavy electrical equipment have moved up by 7.97% today. Per capita electricity consumption of India was 1010 KWh in year 2015, which is very low by global standards. The sector has strong growth prospects ahead.

On the government initiative front, the Make in India scheme, Smart Cities plan, Jan-Dhan Yojna, Digital India plan, Skill Development & Start-up India initiatives, Power for All, UDAY, Housing for All, Scheme to revitalise public sector banks, Ease of Doing Business (EoDB) initiative and other ambitious infrastructure programmes present significant opportunities for investors to be part of one of the largest development programmes in the world.

The stock has seen 92.66% increase in the past one year. PE ratio for the stock is at 29.99, which confirms high investor faith in the company.

Ujaas has outperformed the indices S&P BSE small cap and S&P BSE CG by high margins. Ujaas has also seen 149.44% growth in its revenue for the past year. Net profit margin of the company is currently 7.97% which is good as per industry figures. JPMorgan Mutual Fund has invested in this stock.
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