Business
Two Companies’ Q4 Results Show Diverging Fortunes in the Stock Market
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.