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Ujaas Energy slips 9 per cent on weak Q3FY18 numbers

Nidhi Jani / Article rating: 4.6

 The company's standalone revenue for the quarter came in at Rs. 75.44 crore, registering 24.7 per cent yoy decline. This was primarily driven by sharp decline in revenue from manufacturing and sale of solar power systems by 28.4 per cent. Also decline in sales from solar power plant operation by 28 per cent contributed to the deterioration in revenue.

CPI cools off in January

Rohan Takalkar / Article rating: 5.0

The inflation CPI cooled down in January after touching 17-month high in December to 5.21 per cent. The CPI for January came down to 5.07 per cent. The food inflation declined marginally to 4.7 per cent. 

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