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GENSOL ENGINEERING Gains 6%; BSE CAPITAL GOODS Index Down 0.5%
Thu, 29 Aug 10:51

GENSOL ENGINEERING Gains 6%; BSE CAPITAL GOODS Index Down 0.5%Image source: peterschreiber.media/www.istockphoto.com

GENSOL ENGINEERING share price has zoomed 6% and is presently trading at Rs 990.0.

Meanwhile, the BSE CAPITAL GOODS index is at 73,069.0 (down 0.5%).

Among the top gainers in the BSE CAPITAL GOODS index today are V GUARD IND. (up 2.6%) and Carborundum Universal (up 0.3%).

TIMKEN INDIA (down 1.6%) and HINDUSTAN AERO. (down 1.5%) are among the top losers today.

Over the last one year, GENSOL ENGINEERING has moved up from Rs 554.6 to Rs 990.0, registering a gain of Rs 435.4 (up 78.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 44,593.2 to 73,069.0, registering a gain of 63.9% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 165.0%), HINDUSTAN AERO. (up 135.4%) and Bharat Electronics (up 120.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,992.4 (up 0.3%).

The top gainers among the BSE Sensex today are Bajaj Finance (up 2.6%) and Bajaj Finserv (up 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 25,098.7 (up 0.2%). Bajaj Finance and Bajaj Finserv are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,996.6 to 81,992.4, registering a gain of 16,995.8 points (up 26.1%).

GENSOL ENGINEERING Financial Update...

GENSOL ENGINEERING net profit grew 50.9% YoY to Rs 152 million for the quarter ended June 2024, compared to a profit of Rs 100 million a year ago. Net sales rose 104.1% to Rs 2,952 million during the period as against Rs 1,446 million in April-June 2023.

For the year ended March 2023, GENSOL ENGINEERING reported 122.9% increase in net profit to Rs 248 million compared to net profit of Rs 111 million during FY22. Revenue of the company grew 144.8% to Rs 3,927 million during FY23.

The current Price to earnings ratio of GENSOL ENGINEERING, based on rolling 12 month earnings, stands at 64.0.


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