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KPI GREEN ENERGY Plunges 4%; BSE CAPITAL GOODS Index Up 1.2%
Mon, 22 Jul 10:58

KPI GREEN ENERGY Plunges 4%; BSE CAPITAL GOODS Index Up 1.2%Image source: CreativaImages/www.istockphoto.com

KPI GREEN ENERGY share price has plunged 4% and is presently trading at Rs 971.4.

Meanwhile, the BSE CAPITAL GOODS index is at 72,425.3 (up 1.2%).

Among the top losers in the BSE CAPITAL GOODS index today are GRINDWELL NORTON (down 1.9%) and Carborundum Universal (down 1.6%).

BHEL (up 3.5%) and HINDUSTAN AERO. (up 3.3%) are among the top gainers today.

Over the last one year, KPI GREEN ENERGY has moved up from Rs 276.7 to Rs 971.4, registering a gain of Rs 694.8 (up 251.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 41,608.8 to 72,425.3, registering a gain of 74.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 221.1%), HINDUSTAN AERO. (up 157.7%) and Bharat Electronics (up 144.8%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,746.0 (up 0.2%).

The top gainers among the BSE Sensex today are NTPC (up 2.7%) and HDFC Bank (up 2.6%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,572.3 (up 0.2%). BPCL and NTPC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,795.1 to 80,746.0, registering a gain of 13,950.9 points (up 20.9%).

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 72.4.


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