Meanwhile, the S&P Sensex was up 130.36 points or 0.46% at 29,468.22. The S&P BSE Small-cap index was up 104.22 points, or 0.74% at 14,132.16.

On the BSE, 3.24 lakh shares were traded on the counter so far as against the average daily volumes of 5.09 lakh shares in the past one quarter. The stock had hit a high of Rs 36.30 and a low of Rs 35.15 so far during the day.

The stock had hit a record high of Rs 52.25 on 16 December 2016 and a 52-week low of Rs 19.40 on 29 September 2016. The stock had underperformed the market over the past one month till 23 March 2017, declining 4.54% compared with the Sensex's 1.52% rise. The scrip had also underperformed the market over the past one quarter declining 26.21% as against the Sensex's 12.64% rise.

The small-cap company has equity capital of Rs 20 crore. Face value per share is Rs 1.

Ujaas Energy said that it has received an order from Indraprastha Power Generation Co. (IPGSL) for implementation of grid connected rooftop solar photo voltaic (PV) system of 669 kilowatt peak (KWP) under capex model in selected GNCTD schools & schools & government buildings in Delhi.

Ujaas Energy's net profit surged 266.5% to Rs 8.54 crore on 113.8% growth in net sales to Rs 97.66 crore in Q3 December 2016 over Q3 December 2015.

Ujaas Energy is engaged in the design of various products and solutions for producing clean energy.