India, Dec. 29 -- Penny Solar Stock, engaged in developing, owning and operating solar power plants and supplying electricity generated under long-term power purchase agreements, hit a 20 percent upper circuit after receiving multiple orders worth Rs. 225 crore from M.P. Urja Vikas Nigam Limited, a Government of Madhya Pradesh enterprise. With a market capitalization of Rs. 73.79 crores, the shares of Waa Solar Limited hit a 20 percent upper circuit of Rs. 55.62 per share on Monday, up from its previous closing price of Rs. 46.35 per share. Waa Solar Limited has secured multiple Letters of Award from M.P. Urja Vikas Nigam Limited, a Government of Madhya Pradesh enterprise, for the implementation of grid-connected solar PV-based power plan...