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EMS LTD. Gains 9%; BSE CAPITAL GOODS Index Up 0.1%
Tue, 26 Nov 10:30

EMS LTD. Gains 9%; BSE CAPITAL GOODS Index Up 0.1%Image source: Eoneren/www.istockphoto.com

EMS LTD. share price has zoomed 9% and is presently trading at Rs 814.7.

Meanwhile, the BSE CAPITAL GOODS index is at 69,685.9 (up 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are Thermax (up 2.4%) and Bharat Electronics (up 1.8%).

ADANI GREEN ENERGY (down 7.0%) and GRINDWELL NORTON (down 1.3%) are among the top losers today.

Over the last one year, EMS LTD. has moved up from Rs 453.9 to Rs 814.7, registering a gain of Rs 360.9 (up 79.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,793.2 to 69,685.9, registering a gain of 42.8% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 109.9%), HINDUSTAN AERO. (up 106.8%) and Siemens (up 106.1%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,955.6 (down 0.2%).

The top losers among the BSE Sensex today are Ultratech Cement (down 2.3%) and MUNDRA PORT & SEZ (down 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,201.3 (down 0.1%). Ultratech Cement and Adani Enterprises are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,023.2 to 79,955.6, registering a gain of 13,932.3 points (up 21.1%).

EMS LTD. Financial Update...

EMS LTD. net profit grew 9.5% YoY to Rs 497 million for the quarter ended September 2024, compared to a profit of Rs 454 million a year ago. Net sales rose 10.9% to Rs 2,335 million during the period as against Rs 2,105 million in July-September 2023.

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 26.4.


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