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Moser Baer shares surge on solar installation orders
Source: IRIS | 17 Nov, 2014, 12.28PM
Rating: NAN / 5 stars.
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Moser Baer gained on Monday after the company bagged orders for all three states-Kerala, Tamil Nadu and Rajasthan for rooftop solar installation. The announcement comes on the back of bridge to India report which placed Moser Baer Solar as the undisputed leader in grid tied systems for 2 year in a row.

Moser Baer Solar is now focusing on the residential rooftop segment. The company has introduced many unique products and technologies to address local requirements of each state and residential segment in general.

Shares of the company gained Rs 1.21, or 14.81%, to trade at Rs 9.38. The total volume of shares traded was 866,196 at the BSE (12.17 p.m., Monday).

The scrip has touched an intra-day high of Rs 9.80 and low of Rs 7.80. The total volume of shares traded at the BSE is 866,196.

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