H.G.INFRA ENGINEERING share price has plunged 3% and is presently trading at Rs 1,488.5.
Meanwhile, the BSE CAPITAL GOODS index is at 71,501.4 (up 1.5%).
Among the top losers in the BSE CAPITAL GOODS index today are Honeywell Automation (down 1.6%) and SKF India (down 1.0%).
Finolex Cables (up 3.8%) and GMR Infra (up 3.1%) are among the top gainers today.
Over the last one year, H.G.INFRA ENGINEERING has moved up from Rs 951.3 to Rs 1,488.5, registering a gain of Rs 537.2 (up 56.5%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 43,066.5 to 71,501.4, registering a gain of 66.0% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 195.7%), HINDUSTAN AERO. (up 147.8%) and Bharat Electronics (up 134.7%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 79,322.3 (up 0.7%).
The top gainers among the BSE Sensex today are JSW Steel (up 3.0%) and HCl Tech. (up 2.5%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,223.8 (up 0.7%). Adani Enterprises and JSW Steel are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,782.8 to 79,322.3, registering a gain of 13,539.5 points (up 20.6%).
H.G.INFRA ENGINEERING net profit fell 7.1% YoY to Rs 1,395 million for the quarter ended June 2024, compared to a profit of Rs 1,502 million a year ago. Net sales rose 11.5% to Rs 15,059 million during the period as against Rs 13,512 million in April-June 2023.
For the year ended March 2024, H.G.INFRA ENGINEERING reported 9.2% increase in net profit to Rs 5,386 million compared to net profit of Rs 4,932 million during FY23. Revenue of the company grew 16.4% to Rs 53,785 million during FY24.
The current Price to earnings ratio of H.G.INFRA ENGINEERING, based on rolling 12 month earnings, stands at 18.4.
Equitymaster requests your view! Post a comment on "H.G.INFRA ENGINEERING Plunges 3%; BSE CAPITAL GOODS Index Up 1.5%". 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!