Gita Renewable Energy standalone net profit rises 9.92% in the September 2022 quarter

Gita Renewable Energy standalone net profit rises 2460.00% in the March 2022 quarter

Stock of Gita Renewable Energy has delivered 4,097 per cent returns in one year. The stock, which closed at Rs 6.07 on October 29, 2020 rose to a high of Rs 254.80 on the Bombay Stock Exchange (BSE) today. An amount of Rs 1 lakh invested in the shares of Gita Renewable Energy a year ago would have t…

Rs 6 to Rs 254: This penny stock turned into a multibagger in one year

Gita Renewable Energy reports standalone net profit of Rs 0.36 crore in the June 2021 quarter

Gita Renewable Energy reports standalone net profit of Rs 0.15 crore in the March 2021 quarter

Gita Renewable Energy reports standalone net loss of Rs 12.97 crore in the December 2020 quarter

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Gita Renewable Energy is engaged in business of generation and distribution of power.