HERCULES HOISTS share price has zoomed 10% and is presently trading at Rs 255.3.
Meanwhile, the BSE CAPITAL GOODS index is at 66,918.7 (up 1.3%).
Among the top gainers in the BSE CAPITAL GOODS index today are GMR Infra (up 3.4%) and BHEL (up 3.2%).
Thermax (down 3.2%) and ADANI GREEN ENERGY (down 0.6%) are among the top losers today.
Over the last one year, HERCULES HOISTS has moved down from Rs 348.5 to Rs 255.3, registering a loss of Rs 93.3 (down 26.8%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 48,474.9 to 66,918.7, registering a gain of 38.0% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 97.4%), HINDUSTAN AERO. (up 96.7%) and Siemens (up 90.9%).
The BSE Sensex is at 78,042.6 (up 0.9%).
The top gainers among the BSE Sensex today are M&M (up 3.2%) and MUNDRA PORT & SEZ (up 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.
In the meantime, NSE Nifty is at 23,684.9 (up 1.0%). Trent and M&M are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 78,042.6, registering a gain of 12,366.7 points (up 18.8%).
HERCULES HOISTS net profit fell 70.3% YoY to Rs 26 million for the quarter ended September 2024, compared to a profit of Rs 89 million a year ago. Net sales declined 100.0% to Rs 0 million during the period as against Rs 412 million in July-September 2023.
For the year ended March 2024, HERCULES HOISTS reported 65.2% decrease in net profit to Rs 360 million compared to net profit of Rs 1,033 million during FY23. Revenue of the company grew 19.1% to Rs 1,795 million during FY24.
The current Price to earnings ratio of HERCULES HOISTS, based on rolling 12 month earnings, stands at 26.5.
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