Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

KEC INTERNATIONAL Gains 4%; BSE CAPITAL GOODS Index Up 0.3%
Tue, 24 Sep 14:33

KEC INTERNATIONAL Gains 4%; BSE CAPITAL GOODS Index Up 0.3%Image source: phive2015/www.istockphoto.com

KEC INTERNATIONAL share price has zoomed 4% and is presently trading at Rs 979.0.

Meanwhile, the BSE CAPITAL GOODS index is at 74,158.9 (up 0.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are BHEL (up 3.0%) and AIA Engineering (up 2.8%).

Finolex Cables (down 1.9%) and HINDUSTAN AERO. (down 0.7%) are among the top losers today.

Over the last one year, KEC INTERNATIONAL has moved up from Rs 663.4 to Rs 979.0, registering a gain of Rs 315.7 (up 47.6%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 46,903.1 to 74,158.9, registering a gain of 58.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 128.3%), HINDUSTAN AERO. (up 120.8%) and Bharat Electronics (up 112.8%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 85,071.7 (up 0.2%).

The top gainers among the BSE Sensex today are Tata Steel (up 4.7%) and Power Grid Corp. (up 2.7%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 25,973.4 (up 0.1%). Tata Steel and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,800.8 to 85,071.7, registering a gain of 18,270.9 points (up 27.4%).

KEC INTERNATIONAL Financial Update...

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 2024, KEC INTERNATIONAL reported 97.0% increase in net profit to Rs 3,468 million compared to net profit of Rs 1,760 million during FY23. Revenue of the company grew 15.2% to Rs 199,142 million during FY24.

The current Price to earnings ratio of KEC INTERNATIONAL, based on rolling 12 month earnings, stands at 64.2.


Equitymaster requests your view! Post a comment on "KEC INTERNATIONAL Gains 4%; BSE CAPITAL GOODS Index Up 0.3%". Click here!