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KEC INTERNATIONAL Gains 5%; BSE CAPITAL GOODS Index Up 0.1%
Thu, 7 Nov 9:25

KEC INTERNATIONAL Gains 5%; BSE CAPITAL GOODS Index Up 0.1%Image source: phive2015/www.istockphoto.com

KEC INTERNATIONAL share price has zoomed 5% and is presently trading at Rs 1,005.0.

Meanwhile, the BSE CAPITAL GOODS index is at 70,514.7 (up 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are Finolex Cables (up 1.4%) and Siemens (up 0.9%).

ADANI GREEN ENERGY (down 1.2%) and V GUARD IND. (down 0.9%) are among the top losers today.

Over the last one year, KEC INTERNATIONAL has moved up from Rs 581.0 to Rs 1,005.0, registering a gain of Rs 424.0 (up 73.0%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,002.7 to 70,514.7, registering a gain of 50.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 128.7%), Bharat Electronics (up 117.7%) and Siemens (up 111.6%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,345.2 .

The top losers among the BSE Sensex today are Reliance Ind. (down 0.7%) and ICICI Bank (down 0.6%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 24,397.1 (down 0.4%). Hindalco and Adani Enterprises are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 80,345.2, registering a gain of 15,386.5 points (up 23.7%).

KEC INTERNATIONAL Financial Update...

KEC INTERNATIONAL net profit grew 53.0% YoY to Rs 854 million for the quarter ended September 2024, compared to a profit of Rs 558 million a year ago. Net sales rose 13.7% to Rs 51,133 million during the period as against Rs 44,990 million in July-September 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 63.5.


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