Ravindra Energy consolidated net profit rises 64.41% in the June 2024 quarter

Ravindra Energy Consolidated December 2022 Net Sales at Rs 54.76 crore, down 70.84% Y-o-Y

Ravindra Energy Consolidated September 2022 Net Sales at Rs 34.19 crore, down 3.62% Y-o-Y

Ravindra Energy consolidated net profit declines 81.59% in the September 2022 quarter

The Board of Directors proposes to create, offer, issue and allot two crore warrants at the rate of Rs 51 per unit for an amount up to Rs 102 crore

Ravindra Energy seeks shareholders’ nod to raise Rs 102 cr via warrants

Ravindra Energy Consolidated December 2021 Net Sales at Rs 187.78 crore, up 194.32% Y-o-Y

Ravindra Energy reports consolidated net loss of Rs 6.48 crore in the December 2021 quarter

Ravindra Energy reports consolidated net profit of Rs 26.61 crore in the September 2021 quarter

Ravindra Energy reports consolidated net loss of Rs 2.32 crore in the June 2021 quarter

Ravindra Energy consolidated net profit declines 32.46% in the March 2021 quarter

BRIEF-Ravindra Energy To Re-Consider Issue Of Marketable Securities On Preferential Basis

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

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Ravindra Energy Limited is principally engaged in Trading Coal, Trading Sugar and Solar Pumps. The Company offers solar rooftop solutions on an Engineering, Procurement and Construction (EPC) and Build-Operate-Own-Transfer (BOOT) basis.