Ujaas Energy share price surged 5% upper circuit to a 52-week high of ₹282.70 per share after announcing bonus shares in a 1:4 ratio, issuing 1 new share of ₹1 each for every 4 shares of ₹1 per share held by the shareholder. Incorporated in 1999, Ujaas Energy Ltd generates solar power, manufactures solar power plants, and sells electric vehicles.