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Upper Circuit Stock: Shares of Insolation Energy Limited saw a huge jump. On Friday, the stock rose 5% to Rs. closed at 342.35. The stock has hit back-to-back upper circuits in the last five trading sessions, including Friday, and hit a new 52-week high during the same period.
34% return in one week
The stock’s 52-week high and low respectively stood at Rs. 342.35 and Rs. is 72.55. In recent times Rs. The stock with a market cap of Rs 713 crore has outperformed. It has returned 34% in one week and an impressive 168% in the last three months. The stock has climbed 85% in one month.
How were the quarterly results?
In FY23, the company’s revenue from operations on an annual basis stood at Rs. 215 crore to Rs. A growth of 29.76 percent was seen to 279 crores. The company’s operating profit with an operating profit margin of 7 percent stood at Rs. 14 crore to Rs. 18 crores has happened. The company’s net profit in FY2023 is Rs. 11 crore, which in FY2012 was Rs. 7 crore, with a net profit of 4 percent. The company’s Return on Capital Employed (ROCE) and Return on Equity (ROE) are 31 percent and 48 percent respectively. The book value of the company is Rs. 25, indicating that the stock is trading at 13.7 times price-to-book value, while the price-to-earnings ratio is 67 times.