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INDO TECH TRANS. Gains 5%; BSE CAPITAL GOODS Index Down 2.7%
Fri, 25 Oct 12:27

INDO TECH TRANS. Gains 5%; BSE CAPITAL GOODS Index Down 2.7%Image source: Kameleon007 /www.istockphoto.com

INDO TECH TRANS. share price has zoomed 5% and is presently trading at Rs 2,177.0.

Meanwhile, the BSE CAPITAL GOODS index is at 66,119.6 (down 2.7%).

Among the top gainers in the BSE CAPITAL GOODS index today is Thermax (up 4.7%).

BHEL (down 4.7%) and Finolex Cables (down 4.4%) are among the top losers today.

Over the last one year, INDO TECH TRANS. has moved up from Rs 506.5 to Rs 2,177.0, registering a gain of Rs 1,670.5 (up 329.8%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 46,119.3 to 66,119.6, registering a gain of 43.4% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 124.7%), Bharat Electronics (up 98.1%) and Siemens (up 97.6%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 79,343.6 (down 0.9%).

The top losers among the BSE Sensex today are Indusind Bank (down 19.4%) and M&M (down 4.6%). The most traded stocks in the BSE Sensex are Tata Steel and Indusind Bank.

In the meantime, NSE Nifty is at 24,101.5 (down 1.2%). Indusind Bank and M&M are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 79,343.6, registering a gain of 14,771.7 points (up 22.9%).

INDO TECH TRANS. Financial Update...

INDO TECH TRANS. net profit grew 66.9% YoY to Rs 59 million for the quarter ended June 2024, compared to a profit of Rs 35 million a year ago. Net sales declined 11.9% to Rs 822 million during the period as against Rs 932 million in April-June 2023.

For the year ended March 2024, INDO TECH TRANS. reported 82.3% increase in net profit to Rs 469 million compared to net profit of Rs 257 million during FY23. Revenue of the company grew 35.8% to Rs 5,036 million during FY24.

The current Price to earnings ratio of INDO TECH TRANS., based on rolling 12 month earnings, stands at 47.0.


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