BHEL share price has plunged 4% and is presently trading at Rs 231.3.
Meanwhile, the BSE CAPITAL GOODS index is at 68,313.1 (down 2.0%).
Among the top losers in the BSE CAPITAL GOODS index today are GMR Infra (down 4.3%) and Finolex Cables (down 3.5%).
V GUARD IND. (up 2.7%) and TIMKEN INDIA (up 2.3%) are among the top gainers today.
Over the last one year, BHEL has moved up from Rs 120.9 to Rs 231.3, registering a gain of Rs 110.4 (up 91.3%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 45,784.4 to 68,313.1, registering a gain of 49.2% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 131.7%), Bharat Electronics (up 111.7%) and Siemens (up 107.6%).
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The BSE Sensex is at 78,505.4 (down 1.7%).
The top losers among the BSE Sensex today are Bajaj Finserv (down 4.0%) and MUNDRA PORT & SEZ (down 3.8%). The most traded stocks in the BSE Sensex are ICICI Bank and Tata Steel.
In the meantime, NSE Nifty is at 23,905.7 (down 1.6%). Hero Motocorp and Bajaj Auto are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 63,874.9 to 78,505.4, registering a gain of 14,630.5 points (up 22.9%).
BHEL net profit grew 219.4% YoY to Rs 895 million for the quarter ended September 2024, compared to a loss of Rs 750 million a year ago. Net sales rose 28.5% to Rs 65,841 million during the period as against Rs 51,253 million in July-September 2023.
For the year ended March 2024, BHEL reported 56.9% decrease in net profit to Rs 2,822 million compared to net profit of Rs 6,541 million during FY23. Revenue of the company grew 1.6% to Rs 201,068 million during FY24.
The current Price to earnings ratio of BHEL, based on rolling 12 month earnings, stands at 477.0.
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