RattanIndia Power Share: Investors broke down on the share of RattanIndia Power, a company associated with the power sector, amid the earthquake in the stock market on Friday.
RattanIndia Power Share: Investors broke down on the share of RattanIndia Power, a company associated with the power sector, amid the earthquake in the stock market on Friday. The stock rose 3.98 per cent to hit an all-time high of Rs 17.50 in intra-day trade. At the same time, the stock closed at Rs 17.30.
This shows an increase of 2.79% compared to a day earlier. On 4 June 2024, the share price was Rs 21.13. This is the stock’s 52-week high. The stock’s 52-week low is Rs 4.67.
Impressive quarterly results
The increase in share price came after the company announced strong June quarter results. The company’s profit stood at Rs 93 crore in the June quarter of the financial year 2025, compared to a loss of Rs 549.4 crore in the same quarter last year. Further, revenue from operations grew 10 per cent year-on-year to Rs 931.8 crore in the June quarter of FY25 from Rs 847.3 crore in the June quarter of FY14.
Similarly, pre-Ebitda earnings at the operational level increased by over 20 per cent to Rs 188.6 crore. Ebitda margin increased to 20.2 per cent from 170 per cent in the June quarter of FY25 from 18.5 per cent in the June quarter of FY24.