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GENUS POWER Gains 5%; BSE CAPITAL GOODS Index Up 0.4%
Wed, 3 Jul 10:3

GENUS POWER Gains 5%; BSE CAPITAL GOODS Index Up 0.4%Image source: ipopba/www.istockphoto.com

GENUS POWER share price has zoomed 5% and is presently trading at Rs 357.6.

Meanwhile, the BSE CAPITAL GOODS index is at 73,358.2 (up 0.4%).

Among the top gainers in the BSE CAPITAL GOODS index today are TIMKEN INDIA (up 2.9%) and V GUARD IND. (up 2.9%).

SCHAEFFLER INDIA (down 1.0%) and ADANI GREEN ENERGY (down 0.3%) are among the top losers today.

Over the last one year, GENUS POWER has moved up from Rs 129.6 to Rs 357.6, registering a gain of Rs 228.0 (up 175.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 40,540.3 to 73,358.2, registering a gain of 81.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 238.3%), HINDUSTAN AERO. (up 184.5%) and Bharat Electronics (up 149.4%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 79,973.5 (up 0.7%).

The top gainers among the BSE Sensex today are HDFC Bank (up 2.9%) and Axis Bank (up 2.0%). The most traded stocks in the BSE Sensex are HDFC Bank and SBI.

In the meantime, NSE Nifty is at 24,273.2 (up 0.6%). HDFC Bank and Axis Bank are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,205.1 to 79,973.5, registering a gain of 14,768.5 points (up 22.6%).

GENUS POWER Financial Update...

GENUS POWER net profit grew 357.8% YoY to Rs 294 million for the quarter ended March 2024, compared to a loss of Rs 114 million a year ago. Net sales rose 107.6% to Rs 4,201 million during the period as against Rs 2,023 million in January-March 2023.

For the year ended March 2023, GENUS POWER reported 49.2% decrease in net profit to Rs 296 million compared to net profit of Rs 584 million during FY22. Revenue of the company grew 18.0% to Rs 8,084 million during FY23.

The current Price to earnings ratio of GENUS POWER, based on rolling 12 month earnings, stands at 107.5.


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