The Piotroski rating is a score from 0 to 9 that evaluates an organization’s monetary well being primarily based on 9 standards. It helps establish worth shares, with 9 being the most effective and 0 the worst. Created by Chicago accounting professor Joseph Piotroski, the rating focuses on latest monetary assertion efficiency.
Listed below are a number of the Power Shares with Piotroski Rating of 9 to maintain in your radar:
1. Waaree Energies Ltd
The shares of Waaree Energies Ltd, with a market capitalization of Rs 64,552.53 Crores on Friday, closed at Rs 2,247 per share which was 2.7% decrease than the earlier closing value of Rs 2,309. The corporate has a excessive piotroski of 9.
The corporate reported a rise in income from operations of 117% from Rs 1,596 Crores in Q3FY24 to Rs 3,457 Crores in Q3FY25. Its Internet Earnings jumped 371% from Rs 141 Crores to Rs 507 Crores.
It’s India’s largest producer of photo voltaic PV modules with the most important combination put in capability of 13.3 GW. WEL is targeted on photo voltaic PV module manufacturing with an intention to offer high quality, cost-effective sustainable power options throughout markets, and support in decreasing carbon foot-print paving the best way for sustainable power. It has 4 photo voltaic module manufacturing services in India, with worldwide presence.
2. Zodiac Power Ltd
The shares of Zodiac Power Ltd, with a market capitalization of Rs 691.40 Crores on Friday, closed at Rs 458 per share which was 1.23% decrease than the earlier closing value of Rs 464. The corporate has a excessive piotroski of 9.
The corporate reported a rise in income from operations of 122% from Rs 46.92 Crores in Q3FY24 to Rs 104.33 Crores in Q3FY25. Its Internet Earnings jumped 94% from Rs 2.95 Crores to Rs 5.71 Crores.
Zodiac Power Ltd is engaged in offering turnkey options from idea to commissioning of energy crops. The corporate is primarily engaged in set up of solar energy era crops/ gadgets. Their providers embrace Photo voltaic Photovoltaic system, concentrating solar energy system, diesel/gasoline primarily based captive energy crops, and rising applied sciences.
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3. Hitachi Power Ltd
The shares of Hitachi Power Ltd, with a market capitalization of Rs 48,972.03 Crores on Friday, closed at Rs 11,555 per share which was 2.28% greater than the earlier closing value of Rs 11,297. The corporate has a excessive piotroski of 9.
The corporate reported a rise in income from operations of 27.2% from Rs 1,274 Crores in Q3FY24 to Rs 1,620 Crores in Q3FY25. Its Internet Earnings jumped 498% from Rs 23 Crores to Rs 137 Crores.
The Firm is a outstanding participant within the energy expertise trade, well known for its complete power expertise portfolio. It focuses on offering sustainable options that assist meet the growing demand for electrical energy with minimal environmental impression. It has an in depth put in base for manufacturing of electrical motors, turbines, transformers and electrical energy distribution and management equipment and has a national advertising and repair presence.
4. Triveni Turbine Ltd
The shares of Triveni Turbine Ltd, with a market capitalization of Rs 18,627.59 Crores, closed at Rs 586 per share which was 1.4% greater than the earlier closing value of Rs 578. The corporate has a excessive piotroski of 9.
The corporate reported a rise in income from operations of 16.6% from Rs 432 Crores in Q3FY24 to Rs 503 Crores in Q3FY25. Its Internet Earnings elevated 35% from Rs 68 Crores to Rs 93 Crores.
The corporate is majorly engaged within the enterprise of producing and provide of energy producing gear and options and has manufacturing services in Bengaluru, Karnataka. Round 6,000 steam generators provided by the corporate are put in throughout 20 industries in over 75 international locations. The corporate’s product profile is backpressure generators, condensing generators, API steam generators and good generators.
Written By Adhvaitha Nayani
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