URJA Global Share Price Climb Over 6% Today After New Solar JV Boosts Sentiment

Friday, November 21, 2025, New Delhi: URJA Global Ltd share price surged in early trading, rising over 6% to ₹13.18 at 10:20 AM IST, following the announcement of a new strategic joint venture with Solarmint Energies Pvt Ltd. The stock, one of the most actively traded small-cap counters today, opened at ₹12.45 and touched an intraday high of ₹13.38. The move reflects investor optimism around the company’s expansion in solar PV manufacturing and distribution. The shares currently trade within a 52-week range of ₹10.87–₹19.49, with a market capitalization of ₹683.10 crore.

JV Agreement With Solar Mint Energies

URJA Global has entered into a formal strategic Joint Venture agreement with Solarmint Energies Pvt Ltd for the production and distribution of URJA-marked solar PV modules throughout India. The JV contract was dated November 20, 2025.

Strategic Scope of the JV

In the Joint Venture (JV), Solarmint will handle the manufacturing of URJA-branded solar panels, while URJA Global will focus on branding, marketing, and distribution. The panels will be priced on a Cost-plus-Profit basis, with each brand term set for three years, extendable thereafter. The partnership will operate without any management conflicts, leveraging Solarmint’s strong manufacturing capabilities alongside URJA Global’s extensive market reach. This combination is expected to make URJA Global significantly more competitive in India’s solar module market.

Outlook

The stock has risen as investors recognise the significant potential of the firm’s new joint venture, which outlines plans for growth in solar PV manufacturing and distribution. This points to promising future revenue expansion in the renewable energy sector. Market sentiment has been strengthened by the JV announcement, acting as a key catalyst and propelling the stock to the list of top gainers in the morning session.

REF: https://nsearchives.nseindia.com/corporate/URJA_20112025170410_REG30_JV_INTIMATION_DTD20112025.pdf

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