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DE NORA INDIA Gains 6%; BSE CAPITAL GOODS Index Down 0.0%
Thu, 22 Aug 10:17

DE NORA INDIA Gains 6%; BSE CAPITAL GOODS Index Down 0.0%Image source: Ivcandy/www.istockphoto.com

DE NORA INDIA share price has zoomed 6% and is presently trading at Rs 1,607.3.

Meanwhile, the BSE CAPITAL GOODS index is at 73,113.0 .

Among the top gainers in the BSE CAPITAL GOODS index today are Carborundum Universal (up 1.9%) and Finolex Cables (up 1.6%).

ABB (down 0.9%) and SCHAEFFLER INDIA (down 0.7%) are among the top losers today.

Over the last one year, DE NORA INDIA has moved up from Rs 1,556.7 to Rs 1,607.3, registering a gain of Rs 50.6 (up 3.2%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,641.7 to 73,113.0, registering a gain of 67.5% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 196.2%), HINDUSTAN AERO. (up 147.8%) and Bharat Electronics (up 135.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,010.9 (up 0.1%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 1.2%) and Asian Paints (up 0.9%). The most traded stocks in the BSE Sensex are Bharti Airtel and Tata Steel.

In the meantime, NSE Nifty is at 24,813.8 (up 0.2%). Grasim Industries and Tata Consumer Products are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,010.9, registering a gain of 15,794.8 points (up 24.2%).

DE NORA INDIA Financial Update...

DE NORA INDIA net profit grew 453.0% YoY to Rs 29 million for the quarter ended June 2024, compared to a profit of Rs 5 million a year ago. Net sales rose 39.6% to Rs 128 million during the period as against Rs 91 million in April-June 2023.

For the year ended March 2023, DE NORA INDIA reported 31.2% increase in net profit to Rs 203 million compared to net profit of Rs 155 million during FY22. Revenue of the company fell 0.8% to Rs 736 million during FY23.

The current Price to earnings ratio of DE NORA INDIA, based on rolling 12 month earnings, stands at 39.9.


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