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KPI GREEN ENERGY Gains 5%; BSE CAPITAL GOODS Index Down 0.2%
Thu, 8 Aug 12:5

KPI GREEN ENERGY Gains 5%; BSE CAPITAL GOODS Index Down 0.2%Image source: DNY59/www.istockphoto.com

KPI GREEN ENERGY share price has zoomed 5% and is presently trading at Rs 1,013.4.

Meanwhile, the BSE CAPITAL GOODS index is at 72,011.3 (down 0.2%).

Among the top gainers in the BSE CAPITAL GOODS index today are AIA Engineering (up 2.7%) and ABB (up 2.3%).

Carborundum Universal (down 3.0%) and SCHAEFFLER INDIA (down 1.9%) are among the top losers today.

Over the last one year, KPI GREEN ENERGY has moved up from Rs 276.5 to Rs 1,013.4, registering a gain of Rs 736.8 (up 266.4%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,182.8 to 72,011.3, registering a gain of 66.8% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 212.5%), HINDUSTAN AERO. (up 152.4%) and Bharat Electronics (up 132.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,284.2 (down 0.2%).

The top losers among the BSE Sensex today are Asian Paints (down 2.3%) and Infosys (down 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,225.6 (down 0.3%). Asian Paints and Infosys are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 79,284.2, registering a gain of 13,330.7 points (up 20.2%).

KPI GREEN ENERGY Financial Update...

KPI GREEN ENERGY net profit grew 35.5% YoY to Rs 430 million for the quarter ended March 2024, compared to a profit of Rs 318 million a year ago. Net sales rose 58.6% to Rs 2,894 million during the period as against Rs 1,824 million in January-March 2023.

For the year ended March 2023, KPI GREEN ENERGY reported 153.5% increase in net profit to Rs 1,096 million compared to net profit of Rs 432 million during FY22. Revenue of the company grew 180.0% to Rs 6,438 million during FY23.

The current Price to earnings ratio of KPI GREEN ENERGY, based on rolling 12 month earnings, stands at 75.6.


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