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KIRLOSKAR OIL Plunges 4%; BSE CAPITAL GOODS Index Up 0.6%
Tue, 1 Oct 10:22

KIRLOSKAR OIL Plunges 4%; BSE CAPITAL GOODS Index Up 0.6%Image source: phive2015/www.istockphoto.com

KIRLOSKAR OIL share price has plunged 4% and is presently trading at Rs 1,181.3.

Meanwhile, the BSE CAPITAL GOODS index is at 73,517.8 (up 0.6%).

Among the top losers in the BSE CAPITAL GOODS index today are V GUARD IND. (down 2.0%) and SCHAEFFLER INDIA (down 0.9%).

Siemens (up 2.2%) and ABB (up 1.9%) are among the top gainers today.

Over the last one year, KIRLOSKAR OIL has moved up from Rs 521.8 to Rs 1,181.3, registering a gain of Rs 659.5 (up 126.4%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,225.6 to 73,517.8, registering a gain of 55.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 130.3%), BHEL (up 124.3%) and Bharat Electronics (up 109.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 84,391.1 (up 0.1%).

The top gainers among the BSE Sensex today are Tech Mahindra (up 3.5%) and Infosys (up 1.4%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 25,810.9 (down 1.4%). Hero Motocorp and Reliance Ind. are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,118.7 to 84,391.1, registering a gain of 18,272.4 points (up 27.6%).

KIRLOSKAR OIL Financial Update...

KIRLOSKAR OIL net profit grew 24.8% YoY to Rs 1,558 million for the quarter ended June 2024, compared to a profit of Rs 1,248 million a year ago. Net sales rose 6.0% to Rs 16,356 million during the period as against Rs 15,434 million in April-June 2023.

For the year ended March 2024, KIRLOSKAR OIL reported 32.6% increase in net profit to Rs 4,397 million compared to net profit of Rs 3,317 million during FY23. Revenue of the company grew 17.4% to Rs 58,983 million during FY24.

The current Price to earnings ratio of KIRLOSKAR OIL, based on rolling 12 month earnings, stands at 36.5.


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