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KRN HEAT EXCHANGER AND REFRIGERATION LTD. Plunges 7%; BSE CAPITAL GOODS Index Up 0.1%
Tue, 26 Nov 10:31

KRN HEAT EXCHANGER AND REFRIGERATION LTD. Plunges 7%; BSE CAPITAL GOODS Index Up 0.1%Image source: KanawatTH/www.istockphoto.com

KRN HEAT EXCHANGER AND REFRIGERATION LTD. share price has plunged 7% and is presently trading at Rs 733.0.

Meanwhile, the BSE CAPITAL GOODS index is at 69,692.4 (up 0.1%).

Among the top losers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (down 7.2%) and L&T (down 1.1%).

Thermax (up 2.3%) and Bharat Electronics (up 1.9%) are among the top gainers today.

Over the last one year, KRN HEAT EXCHANGER AND REFRIGERATION LTD. has moved up from Rs 0.0 to Rs 733.0, registering a gain of Rs 733.0 .

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,793.2 to 69,692.4, registering a gain of 42.8% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 110.1%), HINDUSTAN AERO. (up 107.0%) and Siemens (up 106.1%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,927.4 (down 0.2%).

The top losers among the BSE Sensex today are Ultratech Cement (down 2.3%) and MUNDRA PORT & SEZ (down 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,201.3 (down 0.1%). Ultratech Cement and Adani Enterprises are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,023.2 to 79,927.4, registering a gain of 13,904.2 points (up 21.1%).

KRN HEAT EXCHANGER AND REFRIGERATION LTD. Financial Update...

KRN HEAT EXCHANGER AND REFRIGERATION LTD. net profit fell {profitpercent} YoY to Rs 123 million for the quarter ended September 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 911 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, KRN HEAT EXCHANGER AND REFRIGERATION LTD. reported 20.9% increase in net profit to Rs 391 million compared to net profit of Rs 323 million during FY23. Revenue of the company grew 24.6% to Rs 3,083 million during FY24.


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