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EMS LTD. Plunges 5%; BSE CAPITAL GOODS Index Down 1.6%
Tue, 22 Oct 10:24

EMS LTD. Plunges 5%; BSE CAPITAL GOODS Index Down 1.6%Image source: KanawatTH/www.istockphoto.com

EMS LTD. share price has plunged 5% and is presently trading at Rs 800.0.

Meanwhile, the BSE CAPITAL GOODS index is at 69,707.9 (down 1.6%).

Among the top losers in the BSE CAPITAL GOODS index today are BHEL (down 3.1%) and Graphite India (down 2.6%).

Over the last one year, EMS LTD. has moved up from Rs 303.1 to Rs 800.0, registering a gain of Rs 497.0 (up 164.0%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,715.6 to 69,707.9, registering a gain of 46.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 125.0%), Siemens (up 111.0%) and Bharat Electronics (up 102.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,011.0 (down 0.2%).

The top losers among the BSE Sensex today are Tata Motors (down 1.9%) and Tata Steel (down 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,719.8 (down 0.3%). Tata Motors and Tata Steel are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,877.0 to 81,011.0, registering a gain of 15,134.0 points (up 23.0%).

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 26.5.


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