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H.G.INFRA ENGINEERING Plunges 3%; BSE CAPITAL GOODS Index Up 1.5%
Tue, 6 Aug 12:23

H.G.INFRA ENGINEERING Plunges 3%; BSE CAPITAL GOODS Index Up 1.5%Image source: Kameleon007 /www.istockphoto.com

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%).

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What About the Benchmark Indices?

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 Financial Update...

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.


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