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EMS LTD. Gains 7%; BSE CAPITAL GOODS Index Up 0.1%
Wed, 16 Oct 14:45

EMS LTD. Gains 7%; BSE CAPITAL GOODS Index Up 0.1%Image source: Eoneren/www.istockphoto.com

EMS LTD. share price has zoomed 7% and is presently trading at Rs 852.4.

Meanwhile, the BSE CAPITAL GOODS index is at 72,413.6 (up 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are HINDUSTAN AERO. (up 2.0%) and ABB (up 1.8%).

TIMKEN INDIA (down 2.0%) and Carborundum Universal (down 1.8%) are among the top losers today.

Over the last one year, EMS LTD. has moved up from Rs 318.4 to Rs 852.4, registering a gain of Rs 534.0 (up 167.7%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,111.6 to 72,413.6, registering a gain of 50.5% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 137.6%), Siemens (up 122.1%) and Bharat Electronics (up 108.6%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,704.8 (down 0.1%).

The top losers among the BSE Sensex today are M&M (down 2.4%) and Titan (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,027.0 (down 0.1%). Trent and M&M are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,704.8, registering a gain of 15,537.9 points (up 23.5%).

EMS LTD. Financial Update...

EMS LTD. net profit fell {profitpercent} YoY to Rs 372 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 2,063 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, EMS LTD. reported 40.2% increase in net profit to Rs 1,527 million compared to net profit of Rs 1,089 million during FY23. Revenue of the company grew 47.4% to Rs 7,933 million during FY24.

The current Price to earnings ratio of EMS LTD., based on rolling 12 month earnings, stands at 28.3.


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