{"id":144481,"date":"2025-02-06T14:41:59","date_gmt":"2025-02-06T09:11:59","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=144481"},"modified":"2025-02-06T14:42:01","modified_gmt":"2025-02-06T09:12:01","slug":"solar-stock-jumps-9-after-securing-orders-worth-230-cr-for-solar-power-projects-in-uttar-pradesh","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/solar-stock-jumps-9-after-securing-orders-worth-230-cr-for-solar-power-projects-in-uttar-pradesh\/","title":{"rendered":"Solar stock jumps 9% after securing orders worth \u20b9230 Cr for solar power projects in Uttar Pradesh"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1504758047\"><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>Solar Stock, which is engaged in the manufacturing of copper and other copper products and alloys and also deals in telecom products, solar products, and real estate, surged 8.59 percent after securing multiple orders worth Rs. 230 crores for a total capacity of 65.7 MW of solar power projects in Uttar Pradesh.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1627443017\"><!-- 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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Stock Price Movement:<\/strong><\/h2><p>In Thursday\u2019s trading session,\u00a0 <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/BHAGYANGR\" target=\"_blank\" rel=\"noreferrer noopener\">Bhagyanagar India Limited<\/a><\/strong>&#8216;s share reached an intraday high of Rs. 95.04 per equity share, rising 8.59 percent from its previous day\u2019s close price of Rs. 87.52. The stock opened at Rs. 88 and is currently trading at Rs. 90.62. The market capitalization now stands at approximately Rs. 289.94 crore.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened:<\/strong><\/h2><p>Bhagyanagar India Limited has been awarded 11 Letters of Award (LOAs) for a total capacity of 65.7 MW of solar power projects under the PM KUSUM Scheme in Uttar Pradesh.&nbsp;<\/p><p>The projects will be developed in collaboration with the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) and are expected to require an investment of Rs. 230 crore.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-699367745\"><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><p>The company will set up grid-connected solar power plants with a tariff of Rs. 2.76 per kWh, supported by subsidies from both the Government of India and Uttar Pradesh. The projects are expected to be completed within 12 months, and the operation and maintenance contract will last for 25 years.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Products and services:<\/strong><\/h2><p>The company specializes in copper products such as copper rods, strips, pipes, busbars, and sheets. The company has expanded its offerings to include telecom products, solar solutions, and real estate.&nbsp;<\/p><p>Additionally, Bhagyanagar India Limited manufactures and supplies brass and copper products, copper components, electric motor parts, electrical cables, wires, and conductors, serving a wide range of industries.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Recent quarter results:<\/strong><\/h2><p>Bhagyanagar India Limited&#8217;s revenue has increased from Rs. 334.61 crore in Q3 FY24 to Rs. 394.48 crore in Q3 FY25, which has grown by 17.89 percent. The net profit has also grown by 44.57 percent from Rs. 2.76 crore in Q3 FY24 to Rs. 3.99 crore in Q3 FY25.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By &#8211; Nikhil Naik<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><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-content-10\" id=\"trade-1785948015\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\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><div class=\"trade-after-content\" id=\"trade-3806278479\"><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>Solar Stock, which is engaged in the manufacturing of copper and other copper products and alloys and also deals in telecom products, solar products, and real estate, surged 8.59 percent after securing multiple orders worth Rs. 230 crores for a total capacity of 65.7 MW of solar power projects in Uttar Pradesh. Stock Price Movement: [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":129661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[26881,26884,26882,26883,20805,948,936,2597],"class_list":["post-144481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-bhagyanagar-india","tag-bhagyanagar-india-latest-news","tag-bhagyanagar-india-news","tag-bhagyanagar-india-share-price","tag-solar-stock","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solar stock jumps 9% after securing orders worth \u20b9230 Cr for solar power projects in Uttar Pradesh - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Solar Stock, which is engaged in the manufacturing of copper and other copper products and alloys and also deals in telecom products, solar products, and real estate, surged 8.59 percent after securing multiple orders worth Rs. 230 crores for a total capacity of 65.7 MW of solar power projects in Uttar Pradesh.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/solar-stock-jumps-9-after-securing-orders-worth-230-cr-for-solar-power-projects-in-uttar-pradesh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solar stock jumps 9% after securing orders worth \u20b9230 Cr for solar power projects in Uttar Pradesh\" \/>\n<meta property=\"og:description\" content=\"Solar Stock, which is engaged in the manufacturing of copper and other copper products and alloys and also deals in telecom products, solar products, and real estate, surged 8.59 percent after securing multiple orders worth Rs. 230 crores for a total capacity of 65.7 MW of solar power projects in Uttar Pradesh.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/solar-stock-jumps-9-after-securing-orders-worth-230-cr-for-solar-power-projects-in-uttar-pradesh\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-06T09:11:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-06T09:12:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/07\/solar-energy-1-1-1-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/solar-stock-jumps-9-after-securing-orders-worth-230-cr-for-solar-power-projects-in-uttar-pradesh\/\",\"url\":\"https:\/\/tradebrains.in\/features\/solar-stock-jumps-9-after-securing-orders-worth-230-cr-for-solar-power-projects-in-uttar-pradesh\/\",\"name\":\"Solar stock jumps 9% after securing orders worth \u20b9230 Cr for solar power projects in Uttar Pradesh - 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