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DEE DEVELOPMENT ENGINEERS LTD Gains 13%; BSE CAPITAL GOODS Index Down 0.6%
Tue, 12 Nov 10:4

DEE DEVELOPMENT ENGINEERS LTD Gains 13%; BSE CAPITAL GOODS Index Down 0.6%Image source: DNY59/www.istockphoto.com

DEE DEVELOPMENT ENGINEERS LTD share price has zoomed 13% and is presently trading at Rs 293.5.

Meanwhile, the BSE CAPITAL GOODS index is at 68,835.8 (down 0.6%).

Among the top gainers in the BSE CAPITAL GOODS index today are Thermax (up 2.4%) and GRINDWELL NORTON (up 1.6%).

ABB (down 1.7%) and BHEL (down 1.5%) are among the top losers today.

Over the last one year, DEE DEVELOPMENT ENGINEERS LTD has moved up from Rs 0.0 to Rs 293.5, registering a gain of Rs 293.5 .

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,451.9 to 68,835.8, registering a gain of 45.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 114.7%), Bharat Electronics (up 111.1%) and Siemens (up 103.4%).

For Investors: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 79,481.2 .

The top losers among the BSE Sensex today are Asian Paints (down 1.4%) and NTPC (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,229.1 (up 0.4%). Trent and ICICI Bank are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,975.6 to 79,481.2, registering a gain of 14,505.6 points (up 22.3%).

DEE DEVELOPMENT ENGINEERS LTD Financial Update...

DEE DEVELOPMENT ENGINEERS LTD net profit fell {profitpercent} YoY to Rs 32 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 1,850 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, DEE DEVELOPMENT ENGINEERS LTD reported 102.0% increase in net profit to Rs 262 million compared to net profit of Rs 130 million during FY23. Revenue of the company grew 32.5% to Rs 7,888 million during FY24.


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