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DE NORA INDIA Plunges 3%; BSE CAPITAL GOODS Index Down 0.0%
Thu, 27 Jun 16:4

DE NORA INDIA Plunges 3%; BSE CAPITAL GOODS Index Down 0.0%Image source: CreativaImages/www.istockphoto.com

DE NORA INDIA share price has plunged 3% and is presently trading at Rs 1,660.0.

Meanwhile, the BSE CAPITAL GOODS index is at 72,656.4 .

Among the top losers in the BSE CAPITAL GOODS index today are AIA Engineering (down 2.7%) and Lakshmi Machine (down 2.4%).

Thermax (up 6.3%) and ABB (up 3.4%) are among the top gainers today.

Over the last one year, DE NORA INDIA has moved down from Rs 1,861.0 to Rs 1,660.0, registering a loss of Rs 201.0 (down 10.8%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 39,563.3 to 72,656.4, registering a gain of 83.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 255.4%), HINDUSTAN AERO. (up 185.2%) and Bharat Electronics (up 150.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,245.0 (up 0.7%).

The top gainers among the BSE Sensex today are Ultratech Cement (up 5.3%) and NTPC (up 3.3%). The most traded stocks in the BSE Sensex are Tata Steel and Infosys.

In the meantime, NSE Nifty is at 24,036.1 (up 0.7%). Ultratech Cement and LTIMINDTREE are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 62,970.0 to 79,245.0, registering a gain of 16,275.0 points (up 25.8%).

DE NORA INDIA Financial Update...

DE NORA INDIA net profit fell 54.1% YoY to Rs 57 million for the quarter ended March 2024, compared to a profit of Rs 123 million a year ago. Net sales declined 41.5% to Rs 162 million during the period as against Rs 276 million in January-March 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 46.4.


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