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KPI GREEN ENERGY Gains 5%; BSE CAPITAL GOODS Index Down 0.2%
Tue, 24 Sep 9:47

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

KPI GREEN ENERGY share price has zoomed 5% and is presently trading at Rs 858.4.

Meanwhile, the BSE CAPITAL GOODS index is at 73,773.5 (down 0.2%).

Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 2.0%) and AIA Engineering (up 1.5%).

Bharat Forge (down 1.5%) and Finolex Cables (down 1.1%) are among the top losers today.

Over the last one year, KPI GREEN ENERGY has moved up from Rs 270.4 to Rs 858.4, registering a gain of Rs 588.0 (up 217.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 46,903.1 to 73,773.5, registering a gain of 57.3% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 121.5%), BHEL (up 120.9%) and Bharat Electronics (up 109.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 84,905.5 .

The top losers among the BSE Sensex today are Bajaj Finance (down 1.3%) and Infosys (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,955.6 (up 0.1%). Tata Steel and JSW Steel are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,800.8 to 84,905.5, registering a gain of 18,104.7 points (up 27.1%).

KPI GREEN ENERGY Financial Update...

KPI GREEN ENERGY net profit grew 98.8% YoY to Rs 661 million for the quarter ended June 2024, compared to a profit of Rs 333 million a year ago. Net sales rose 83.8% to Rs 3,480 million during the period as against Rs 1,894 million in April-June 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 57.9.


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