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H.G.INFRA ENGINEERING Plunges 6%; BSE CAPITAL GOODS Index Down 0.6%
Tue, 12 Nov 10:5

H.G.INFRA ENGINEERING Plunges 6%; BSE CAPITAL GOODS Index Down 0.6%Image source: ipopba/www.istockphoto.com

H.G.INFRA ENGINEERING share price has plunged 6% and is presently trading at Rs 1,199.9.

Meanwhile, the BSE CAPITAL GOODS index is at 68,798.6 (down 0.6%).

Among the top losers in the BSE CAPITAL GOODS index today are ABB (down 1.8%) and BHEL (down 1.6%).

Thermax (up 2.2%) and GRINDWELL NORTON (up 1.3%) are among the top gainers today.

Over the last one year, H.G.INFRA ENGINEERING has moved up from Rs 878.4 to Rs 1,199.9, registering a gain of Rs 321.6 (up 36.6%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,451.9 to 68,798.6, registering a gain of 45.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 114.4%), Bharat Electronics (up 110.9%) and Siemens (up 103.1%).

For Investors: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 79,509.6 .

The top gainers among the BSE Sensex today are Sun Pharma (up 1.4%) and ICICI Bank (up 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,229.1 (up 0.4%). Trent and ICICI Bank are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,975.6 to 79,509.6, registering a gain of 14,533.9 points (up 22.4%).

H.G.INFRA ENGINEERING Financial Update...

H.G.INFRA ENGINEERING net profit fell 16.4% YoY to Rs 804 million for the quarter ended September 2024, compared to a profit of Rs 962 million a year ago. Net sales declined 5.5% to Rs 9,024 million during the period as against Rs 9,545 million in July-September 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 15.3.


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