Veer Energy up 7% on MOU to develop windfarm

Veer Energy and Infrastructure rallied more than 7 percent intraday on Monday as the company has signed memorandum of understanding (MoU) to develop 200 MW windfarm in Gujarat.
 
The stock has shot up more than 110 percent in last three months and surged 450 percent in last one year.

At 14:17 hours IST, a share rose 3.07 percent to Rs 15.10 on the Bombay Stock Exchange.

Market capitalisation of the company currently stands at Rs 107.41 crore.

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