Ahasolar Technologies surges on inking MoU with MCS Cargar
Ahasolar Technologies is currently trading at Rs. 319.50, up by 5.25 points or 1.67% from its previous closing of Rs. 314.25 on the BSE.
The scrip opened at Rs. 314.20 and has touched a high and low of Rs. 319.50 and Rs. 314.20 respectively. So far 2400 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 657.75 on 05-Mar-2024 and a 52 week low of Rs. 207.00 on 06-Dec-2023.
Last one week high and low of the scrip stood at Rs. 345.00 and Rs. 314.20 respectively. The current market cap of the company is Rs. 98.48 crore.
The promoters holding in the company stood at 36.95%, while Non-Institutions held 63.05% in the company.
Ahasolar Technologies has entered into a Memorandum of Understanding (MoU) with MCS Cargar. This collaboration brings together two leading organizations with distinct yet complementary expertise in the renewable energy and electric vehicle (EV) charging sectors. By merging their technological innovations, Ahasolar Technologies and MCS Cargar are set to drive transformational change in the EV and solar energy ecosystems, accelerating the transition towards a sustainable future.
This association marks a significant milestone in India's pursuit of clean energy solutions, combining innovation, industry leadership, and a shared vision for a greener and more sustainable tomorrow. It represents a pivotal moment for both companies, uniting their strengths to unlock new opportunities in the EV and solar sectors.
Ahasolar Technologies is engaged in the business of CleanTech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy.