Ujaas Energy's Remarkable Surge Highlights Strong Performance in Renewable Sector

Ujaas Energy has experienced a significant surge today, gaining 12.96% as of June 2, 2025. This performance notably outpaced the broader market, with the stock outperforming its sector by 13.75%. The stock opened with a substantial gap up of 15.96%, reaching an intraday high of Rs 291.7, where it has remained throughout the trading session.
In terms of moving averages, Ujaas Energy is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short-term trend. However, the stock has shown erratic trading patterns, having not traded on four days out of the last 20.

While the renewable energy sector has seen a modest gain of 2.74%, Ujaas Energy's performance stands out, especially when compared to the Sensex, which has declined by 0.74% today. Over the past year, Ujaas Energy has delivered an impressive return of 281.96%, significantly outperforming the Sensex's 9.35% gain. Despite some fluctuations in the short term, the long-term performance metrics for Ujaas Energy remain robust.