KEC INTERNATIONAL share price has zoomed 4% and is presently trading at Rs 917.3.
Meanwhile, the BSE CAPITAL GOODS index is at 75,393.6 (down 0.1%).
Among the top gainers in the BSE CAPITAL GOODS index today are Honeywell Automation (up 2.9%) and GMR Infra (up 2.5%).
Finolex Cables (down 2.4%) and GRINDWELL NORTON (down 2.4%) are among the top losers today.
Over the last one year, KEC INTERNATIONAL has moved up from Rs 634.4 to Rs 917.3, registering a gain of Rs 282.9 (up 44.6%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 44,045.9 to 75,393.6, registering a gain of 71.2% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 203.3%), HINDUSTAN AERO. (up 150.8%) and Bharat Electronics (up 142.4%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 81,735.1 (up 0.3%).
The top gainers among the BSE Sensex today are Asian Paints (up 2.4%) and NTPC (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,937.8 (up 0.3%). Asian Paints and NTPC are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,735.1, registering a gain of 15,207.4 points (up 22.9%).
KEC INTERNATIONAL net profit grew 106.9% YoY to Rs 876 million for the quarter ended June 2024, compared to a profit of Rs 423 million a year ago. Net sales rose 6.3% to Rs 45,119 million during the period as against Rs 42,436 million in April-June 2023.
For the year ended March 2023, KEC INTERNATIONAL reported 47.0% decrease in net profit to Rs 1,760 million compared to net profit of Rs 3,321 million during FY22. Revenue of the company grew 25.8% to Rs 172,817 million during FY23.
The current Price to earnings ratio of KEC INTERNATIONAL, based on rolling 12 month earnings, stands at 60.2.
Equitymaster requests your view! Post a comment on "KEC INTERNATIONAL Gains 4%; BSE CAPITAL GOODS Index Down 0.1%". 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!