Market Turns a Blind Eye to the Losses of KSK Energy

On 9^th September 2016, KSK Energy Ventures declared its quarter result for Q1 FY17. The Company reported standalone net loss of Rs 20.1 crore for the quarter ended June 2016. The net loss in the corresponding quarter a year ago was Rs 4.83 crores. Company’s total income in the first quarter of this financial year was Rs 4.44 crore against Rs 6.5 crore in the year-ago period. The company is into the business of providing project development and corporate support services.

On 9^th September, KSK Energy share price closed with a slight rise of 0.69%.

Fundamentals:

• The Market Cap of the company is Rs. 1,235.92 crores.
• The Earnings per Shares have slipped in to the negative of 1.35.
• The Price to Earnings Ratio is also in the negative value and stands at -21.59.
• The Book value of each share is Rs. 61.76
• The one month return is in the negative and stands at -0.34%.
• The turnover of the company is Rs. 13.51 lakhs.
  

The shares and Share prices:

• Total quantity traded on NSE on 9th September were 1,15,390
• The number of deliverables were 73,864, constituting 64.01% of the total traded quantity.
• The Intraday high for KSK Energy share price on Friday was Rs. 29.65 and the low was Rs. 28.55,
• The 52 weeks high price of the stock is Rs. 55.30, and the 52 week low is Rs. 26.90.
• The lifetime high of KSK Share price is Rs. 245, and the lifetime low is Rs. 26.90.

For the support and resistance level of KSK Energy, visit KSK Energy share price forecast page of Dynamic Levels website.