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DE NORA INDIA Gains 6%; BSE CAPITAL GOODS Index Up 0.1%
Tue, 29 Oct 9:23

DE NORA INDIA Gains 6%; BSE CAPITAL GOODS Index Up 0.1%Image source: DNY59/www.istockphoto.com

DE NORA INDIA share price has zoomed 6% and is presently trading at Rs 1,380.0.

Meanwhile, the BSE CAPITAL GOODS index is at 66,496.3 (up 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are SKF India (up 2.1%) and GRINDWELL NORTON (up 2.0%).

Carborundum Universal (down 1.0%) and ADANI GREEN ENERGY (down 0.9%) are among the top losers today.

Over the last one year, DE NORA INDIA has moved down from Rs 1,499.4 to Rs 1,380.0, registering a loss of Rs 119.4 (down 8.0%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 45,605.4 to 66,496.3, registering a gain of 45.8% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 128.2%), Bharat Electronics (up 106.8%) and BHEL (up 99.2%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 79,827.4 (down 0.2%).

The top losers among the BSE Sensex today are Infosys (down 1.4%) and M&M (down 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,293.7 (down 0.2%). M&M and IOC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,049.1 to 79,827.4, registering a gain of 15,778.3 points (up 24.6%).

DE NORA INDIA Financial Update...

DE NORA INDIA net profit fell 48.3% YoY to Rs 33 million for the quarter ended September 2024, compared to a profit of Rs 63 million a year ago. Net sales declined 4.9% to Rs 181 million during the period as against Rs 191 million in July-September 2023.

For the year ended March 2024, DE NORA INDIA reported 6.3% decrease in net profit to Rs 190 million compared to net profit of Rs 203 million during FY23. Revenue of the company grew 0.3% to Rs 738 million during FY24.

The current Price to earnings ratio of DE NORA INDIA, based on rolling 12 month earnings, stands at 40.0.


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