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AZAD ENGINEERING LTD. Gains 6%; BSE CAPITAL GOODS Index Up 3.6%
Mon, 25 Nov 13:24

AZAD ENGINEERING LTD. Gains 6%; BSE CAPITAL GOODS Index Up 3.6%Image source: Sefa Ozel/www.istockphoto.com

AZAD ENGINEERING LTD. share price has zoomed 6% and is presently trading at Rs 1,670.4.

Meanwhile, the BSE CAPITAL GOODS index is at 69,850.3 (up 3.6%).

Among the top gainers in the BSE CAPITAL GOODS index today are Siemens (up 6.4%) and Bharat Electronics (up 4.9%).

Thermax (down 0.2%) and SCHAEFFLER INDIA (down 0.1%) are among the top losers today.

Over the last one year, AZAD ENGINEERING LTD. has moved up from Rs 0.0 to Rs 1,670.4, registering a gain of Rs 1,670.4 .

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,608.7 to 69,850.3, registering a gain of 43.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 106.2%), Siemens (up 103.2%) and HINDUSTAN AERO. (up 99.9%).

Don't Miss: Key Information for Long-term Investors

What About the Benchmark Indices?

The BSE Sensex is at 79,914.7 (up 1.0%).

The top gainers among the BSE Sensex today are L&T (up 4.1%) and SBI (up 3.6%). The most traded stocks in the BSE Sensex are Power Grid Corp. and Tata Steel.

In the meantime, NSE Nifty is at 24,180.2 (up 1.1%). ONGC and Bharat Electronics are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,930.8 to 79,914.7, registering a gain of 13,984.0 points (up 21.2%).

AZAD ENGINEERING LTD. Financial Update...

AZAD ENGINEERING LTD. net profit fell {profitpercent} YoY to Rs 209 million for the quarter ended September 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 1,115 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, AZAD ENGINEERING LTD. reported 591.4% increase in net profit to Rs 586 million compared to net profit of Rs 85 million during FY23. Revenue of the company grew 35.4% to Rs 3,408 million during FY24.

The current Price to earnings ratio of AZAD ENGINEERING LTD., based on rolling 12 month earnings, stands at 141.6.


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