Business
Two Companies’ Q4 Results Show Diverging Fortunes in the Stock Market
![Times News Global Featured Image](https://i1.wp.com/timesng.com/es/wp-content/uploads/sites/3/2023/10/Times-News-Global-Featured-Image.jpg)
![Times News Global Featured Image](https://i0.wp.com/timesng.com/es/wp-content/uploads/sites/3/2023/10/Times-News-Global-Featured-Image.jpg?resize=1000%2C600&ssl=1)
Recent quarterly financial results from Kinetic Engineering and Udayshivakumar Infra have highlighted the diverging fortunes in the stock market. Kinetic Engineering reported a 9.76% increase in revenue but suffered a significant 42.01% decline in profit year-over-year. On the other hand, Udayshivakumar Infra saw a remarkable 94.6% increase in revenue with a staggering 1129.19% growth in profit compared to the same quarter last year.
While Kinetic Engineering experienced a slight decrease in profit from the previous quarter, Udayshivakumar Infra recorded a substantial increase. Kinetic Engineering’s operating income witnessed a significant decrease year-over-year but Udayshivakumar Infra’s operating income surged by 374.17%.
The EPS for Kinetic Engineering in Q4 was ₹0.39, reflecting a steep 70.71% drop year-over-year, whereas Udayshivakumar Infra reported an EPS of ₹2.61, which decreased by 33.02% year-over-year.
Despite these financial performances, Kinetic Engineering delivered -1.59% return in the last week while Udayshivakumar Infra saw a 2.94% return. Over the last 6 months, Kinetic Engineering has provided a return of 33.71% compared to Udayshivakumar Infra’s 50.2% return in the same period.
Kinetic Engineering currently has a market capitalization of ₹390.71 Cr with a 52-week high/low of ₹211.7 and ₹98.15, respectively. On the other hand, Udayshivakumar Infra’s market cap stands at ₹309.72 Cr with a 52-week high/low of ₹72.5 & ₹29.