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JASH ENGINEERING Gains 7%; BSE CAPITAL GOODS Index Down 0.7%
Thu, 21 Nov 15:21

JASH ENGINEERING Gains 7%; BSE CAPITAL GOODS Index Down 0.7%Image source: Nikada/www.istockphoto.com

JASH ENGINEERING share price has zoomed 7% and is presently trading at Rs 591.7.

Meanwhile, the BSE CAPITAL GOODS index is at 65,860.4 (down 0.7%).

Among the top gainers in the BSE CAPITAL GOODS index today are ABB (up 1.1%) and BHEL (up 0.8%).

ADANI GREEN ENERGY (down 18.5%) and Thermax (down 5.9%) are among the top losers today.

Over the last one year, JASH ENGINEERING has moved up from Rs 264.9 to Rs 591.7, registering a gain of Rs 326.8 (up 123.4%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,904.9 to 65,860.4, registering a gain of 34.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 91.5%), HINDUSTAN AERO. (up 85.3%) and Siemens (up 85.1%).

Don't Miss: Key Information for Long-term Investors

What About the Benchmark Indices?

The BSE Sensex is at 77,162.3 (down 0.5%).

The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 13.6%) and NTPC (down 2.7%). The most traded stocks in the BSE Sensex are Tata Steel and MUNDRA PORT & SEZ.

In the meantime, NSE Nifty is at 23,349.4 (down 0.7%). Adani Enterprises and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,655.2 to 77,162.3, registering a gain of 11,507.1 points (up 17.5%).

JASH ENGINEERING Financial Update...

JASH ENGINEERING net profit grew 89.6% YoY to Rs 162 million for the quarter ended September 2024, compared to a profit of Rs 85 million a year ago. Net sales rose 46.7% to Rs 1,396 million during the period as against Rs 951 million in July-September 2023.

For the year ended March 2024, JASH ENGINEERING reported 29.1% increase in net profit to Rs 668 million compared to net profit of Rs 517 million during FY23. Revenue of the company grew 28.3% to Rs 5,157 million during FY24.

The current Price to earnings ratio of JASH ENGINEERING, based on rolling 12 month earnings, stands at 47.4.

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