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DEE DEVELOPMENT ENGINEERS LTD Gains 7%; BSE CAPITAL GOODS Index Down 0.2%
Thu, 28 Nov 15:58

DEE DEVELOPMENT ENGINEERS LTD Gains 7%; BSE CAPITAL GOODS Index Down 0.2%Image source: peterschreiber.media/www.istockphoto.com

DEE DEVELOPMENT ENGINEERS LTD share price has zoomed 7% and is presently trading at Rs 316.0.

Meanwhile, the BSE CAPITAL GOODS index is at 70,167.4 (down 0.2%).

Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 10.0%) and Graphite India (up 4.5%).

ABB (down 1.4%) and Honeywell Automation (down 1.0%) are among the top losers today.

Over the last one year, DEE DEVELOPMENT ENGINEERS LTD has moved up from Rs 0.0 to Rs 316.0, registering a gain of Rs 316.0 .

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,868.6 to 70,167.4, registering a gain of 43.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 116.4%), Siemens (up 104.3%) and HINDUSTAN AERO. (up 94.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,043.7 (down 1.5%).

The top losers among the BSE Sensex today are M&M (down 3.4%) and Infosys (down 3.3%). The most traded stocks in the BSE Sensex are MUNDRA PORT & SEZ and Tata Steel.

In the meantime, NSE Nifty is at 23,957.5 (down 1.3%). SBI LIFE INSURANCE and HDFC LIFE INSURANCE are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,043.7, registering a gain of 12,869.5 points (up 19.4%).

DEE DEVELOPMENT ENGINEERS LTD Financial Update...

DEE DEVELOPMENT ENGINEERS LTD net profit fell {profitpercent} YoY to Rs 223 million for the quarter ended September 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 1,940 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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