HERCULES HOISTS share price has plunged 5% and is presently trading at Rs 212.3.
Meanwhile, the BSE CAPITAL GOODS index is at 72,455.8 (up 0.1%).
Among the top losers in the BSE CAPITAL GOODS index today are V GUARD IND. (down 1.3%) and Graphite India (down 0.7%).
HINDUSTAN AERO. (up 1.2%) and Thermax (up 0.7%) are among the top gainers today.
Over the last one year, HERCULES HOISTS has moved down from Rs 328.0 to Rs 212.3, registering a loss of Rs 115.7 (down 35.3%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 48,111.6 to 72,455.8, registering a gain of 50.6% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 135.7%), Siemens (up 119.7%) and Bharat Electronics (up 111.0%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 81,769.7 (down 0.1%).
The top losers among the BSE Sensex today are Nestle (down 1.6%) and M&M (down 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 25,046.6 . Nestle and M&M are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,769.7, registering a gain of 15,602.8 points (up 23.6%).
HERCULES HOISTS net profit grew 23.5% YoY to Rs 59 million for the quarter ended June 2024, compared to a profit of Rs 48 million a year ago. Net sales declined 7.1% to Rs 381 million during the period as against Rs 410 million in April-June 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 18.3.
Equitymaster requests your view! Post a comment on "HERCULES HOISTS Plunges 5%; BSE CAPITAL GOODS Index Up 0.1%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!