Investors in Salzer Electronics, a stock in Dolly Khanna's portfolio, have experienced a remarkable return of 143.67% over the past year. The company is venturing into the Smart Meter manufacturing business in Coimbatore, with an annual production capacity of 4 million smart energy meters. Salzer Electronics has seen significant surges in the short term as well, with an 18.71% increase in the past week, a 52.91% increase in the past month, a 76.93% increase in the past three months, and a 60.57% increase in the past six months. Over the long term, the stock has delivered impressive returns of 297% in the past two years, 474.05% in the past three years, and 524.55% in the past five years.
In related news, shares of Smart Metering Systems plc (LON:SMS) have crossed above its fifty-day moving average, reaching GBX 949 ($12.04) on the stock market. The company has a market cap of £1.27 billion and a price-to-earnings ratio of 8,627.27. Smart Metering Systems is an integrated energy infrastructure company in the United Kingdom that owns, installs, and manages carbon reduction assets. It also engages in the regulated management of gas meters, electric meters, and ADM devices.
These developments highlight the growing interest and potential in the Smart Metering industry, with both Salzer Electronics and Smart Metering Systems experiencing significant stock surges.
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