{"id":131354,"date":"2024-08-19T11:25:48","date_gmt":"2024-08-19T05:55:48","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=131354"},"modified":"2024-08-19T11:28:37","modified_gmt":"2024-08-19T05:58:37","slug":"ev-stock-hits-10-upper-circuit-after-it-launches-new-ev-scooter","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ev-stock-hits-10-upper-circuit-after-it-launches-new-ev-scooter\/","title":{"rendered":"EV stock hits 10% upper circuit after it launches new EV scooter"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1358259248\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of India&#8217;s leading renewable energy developer and operator surged 10% upper circuit to \u20b922.15 per share after the company made its entry into the high-speed electric scooter market with the pre-launch of its scooter, &#8220;CHETNA,&#8221; in the Indian market.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2714474873\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/URJA\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Urja Global Ltd<\/a><\/strong> shares surged to hit the upper circuit in Monday\u2019s trade, reaching an intraday high of \u20b922.15 per share. The company currently holds a market capitalization of \u20b91,164 crore.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened:&nbsp;<\/strong><\/h2><p>According to an exchange filing by Urja Global Ltd, the company has announced the pre-launch of its new high-speed electric scooter, CHETNA, which has recently received its Homologation Certificate.&nbsp;<\/p><p>The company announced that the pre-launched CHETNA high-speed scooter features a cutting-edge Lithium-Ion (Li-Ion) battery, delivering an impressive range of over 100 kilometers on a single charge.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1324748449\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also Read<\/strong><\/p>\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-trade-brains wp-block-embed-trade-brains\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"NYA5Dv1ecq\"><a href=\"https:\/\/tradebrains.in\/features\/stocks-under-200-in-which-lic-holds-up-to-6-57-stake-to-keep-in-your-radar\/\">Stocks under \u20b9 200 in which LIC holds up to 6.57% stake to keep in your radar<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Stocks under \u20b9 200 in which LIC holds up to 6.57% stake to keep in your radar&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/stocks-under-200-in-which-lic-holds-up-to-6-57-stake-to-keep-in-your-radar\/embed\/#?secret=8OBetPIqB7#?secret=NYA5Dv1ecq\" data-secret=\"NYA5Dv1ecq\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><\/blockquote><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company:&nbsp;<\/strong><\/h2><p>Urja Global Ltd is a leader in the renewable energy sector, specializing in off-grid and grid-connected solar power plants, decentralized solar applications, and the trading of solar products. The company also manufactures lead-acid batteries and electric vehicles, with a notable presence in the production of low-speed scooters in the non-RTO segment.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials: <\/strong><\/h2><p>The company has achieved a 12.5% year-on-year revenue growth, increasing from \u20b9 39.58 crore in FY22-23 to \u20b944.47 crore in FY23-24. During the same period, net profit surged by 33%, rising from \u20b91.53 crore to \u20b92.04 crore.\u00a0<\/p><p>Urja Global Ltd shares have experienced a significant gain of 122% over the past year. For instance, a shareholder investment of \u20b9 1 lakh in the company a year ago, would be worth \u20b92.22 lakhs.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis<\/strong><\/p><\/blockquote><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also Read<\/strong><\/p>\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-trade-brains wp-block-embed-trade-brains\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"krEIIOCWtV\"><a href=\"https:\/\/tradebrains.in\/features\/nbfc-stock-to-buy-now-for-an-upside-of-more-than-35-do-you-hold-it\/\">NBFC stock to buy now for an upside of more than 35%; Do you hold it?\u00a0<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;NBFC stock to buy now for an upside of more than 35%; Do you hold it?\u00a0&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/nbfc-stock-to-buy-now-for-an-upside-of-more-than-35-do-you-hold-it\/embed\/#?secret=u755s6Ptjt#?secret=krEIIOCWtV\" data-secret=\"krEIIOCWtV\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-2557147288\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of India&#8217;s leading renewable energy developer and operator surged 10% upper circuit to \u20b922.15 per share after the company made its entry into the high-speed electric scooter market with the pre-launch of its scooter, &#8220;CHETNA,&#8221; in the Indian market.&nbsp; Urja Global Ltd shares surged to hit the upper circuit in Monday\u2019s trade, reaching [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":118830,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[2960,948,936,3157,21659,21661,21660],"class_list":["post-131354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-ev-stock","tag-stock-market","tag-stock-market-news","tag-stock-to-watch","tag-urja-global","tag-urja-global-ev-scooter","tag-urja-global-new-launch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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