HARSHA ENGINEERS share price has zoomed 9% and is presently trading at Rs 606.9.
Meanwhile, the BSE CAPITAL GOODS index is at 73,479.7 (up 0.6%).
Among the top gainers in the BSE CAPITAL GOODS index today are TIMKEN INDIA (up 3.6%) and GRINDWELL NORTON (up 2.2%).
ADANI GREEN ENERGY (down 0.3%) and Thermax (down 0.3%) are among the top losers today.
Over the last one year, HARSHA ENGINEERS has moved up from Rs 467.6 to Rs 606.9, registering a gain of Rs 139.3 (up 29.8%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 40,540.3 to 73,479.7, registering a gain of 81.3% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 240.9%), HINDUSTAN AERO. (up 186.8%) and Bharat Electronics (up 151.3%).
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The BSE Sensex is at 79,956.1 (up 0.6%).
The top gainers among the BSE Sensex today are HDFC Bank (up 2.5%) and Axis Bank (up 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.
In the meantime, NSE Nifty is at 24,281.8 (up 0.7%). Tata Consumer Products and HDFC Bank are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,205.1 to 79,956.1, registering a gain of 14,751.1 points (up 22.6%).
HARSHA ENGINEERS net profit grew 12.8% YoY to Rs 368 million for the quarter ended March 2024, compared to a profit of Rs 326 million a year ago. Net sales rose 10.7% to Rs 3,804 million during the period as against Rs 3,437 million in January-March 2023.
For the year ended March 2023, HARSHA ENGINEERS reported 34.1% increase in net profit to Rs 1,233 million compared to net profit of Rs 920 million during FY22. Revenue of the company grew 3.2% to Rs 13,640 million during FY23.
The current Price to earnings ratio of HARSHA ENGINEERS, based on rolling 12 month earnings, stands at 49.6.
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