Bengaluru, Dec. 2 -- Prostarm Info Systems Limited's stock has nearly doubled from its IPO price due to high trading volumes, excitement ahead of a major lock-in expiry, and strong investor interest in the growing energy storage and UPS sector.

This Newly Listed stock, engaged in designing, manufacturing, and selling energy storage and power conditioning equipment like UPS systems, inverters, solar hybrid inverters, lithium-ion batteries, and voltage stabilizers, jumped up to 17.20 percent in today's trading sessions. In this article, we will explore the reasons behind the stock's recent rally.

With a market capitalization of Rs. 1,145.41 crores, the share of Prostarm Info Systems Limited has reached an intraday high of Rs. 208.50 per ...