Karma Energy Limited generates and sells power from renewable sources in India. The company develops and operates wind farms with a capacity of 33 MW in the states of Andhra Pradesh, Maharashtra, and Tamil Nadu. It also develops a 3.5 MW hydro power project in Balij-ka-Nala-II, Chamba District. The company was incorporated in 2007 and is based in Mumbai, India.
Research context
Karma Energy Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Utilities
- Industry
- Utilities - Renewable
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5 years, 6 months ago
Karma Energy Limited is currently in a long term uptrend where the price is trading 23.3% above its 200 day moving average.
From a valuation standpoint, the stock is 89.0% cheaper than other stocks from the Utilities sector with a price to sales ratio of 0.5.
Karma Energy Limited's total revenue sank by 42.8% to $44M since the same quarter in the previous year.
Its net income has dropped by 90.4% to $-29M since the same quarter in the previous year.
Based on the above factors, Karma Energy Limited gets an overall score of 2/5.