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KEC INTERNATIONAL Gains 7%; BSE CAPITAL GOODS Index Up 0.4%
Thu, 28 Nov 9:21

KEC INTERNATIONAL Gains 7%; BSE CAPITAL GOODS Index Up 0.4%Image source: Eoneren/www.istockphoto.com

KEC INTERNATIONAL share price has zoomed 7% and is presently trading at Rs 1,052.0.

Meanwhile, the BSE CAPITAL GOODS index is at 70,644.8 (up 0.4%).

Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 3.6%) and Graphite India (up 1.8%).

V GUARD IND. (down 1.4%) and Thermax (down 0.6%) are among the top losers today.

Over the last one year, KEC INTERNATIONAL has moved up from Rs 567.7 to Rs 1,052.0, registering a gain of Rs 484.3 (up 85.3%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,868.6 to 70,644.8, registering a gain of 44.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 117.9%), Siemens (up 105.7%) and HINDUSTAN AERO. (up 97.4%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,281.6 (up 0.1%).

The top gainers among the BSE Sensex today are Asian Paints (up 1.4%) and Ultratech Cement (up 0.7%). The most traded stocks in the BSE Sensex are NTPC and Tata Steel.

In the meantime, NSE Nifty is at 24,277.5 . Adani Enterprises and Hindustan Unilever are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 80,281.6, registering a gain of 14,107.4 points (up 21.3%).

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 66.4.


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