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LLOYDS ENGINEERING WORKS Gains 5%; BSE CAPITAL GOODS Index Up 0.4%
Wed, 24 Jul 12:2

LLOYDS ENGINEERING WORKS Gains 5%; BSE CAPITAL GOODS Index Up 0.4%Image source: hudiemm/www.istockphoto.com

LLOYDS ENGINEERING WORKS share price has zoomed 5% and is presently trading at Rs 84.1.

Meanwhile, the BSE CAPITAL GOODS index is at 71,499.1 (up 0.4%).

Among the top gainers in the BSE CAPITAL GOODS index today are SCHAEFFLER INDIA (up 5.4%) and TIMKEN INDIA (up 3.1%).

Thermax (down 1.1%) and Siemens (down 0.7%) are among the top losers today.

Over the last one year, LLOYDS ENGINEERING WORKS has moved up from Rs 32.6 to Rs 84.1, registering a gain of Rs 51.5 (up 158.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 42,734.2 to 71,499.1, registering a gain of 67.3% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 214.6%), HINDUSTAN AERO. (up 149.5%) and Bharat Electronics (up 138.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,096.8 (down 0.4%).

The top losers among the BSE Sensex today are Bajaj Finance (down 2.2%) and Axis Bank (down 2.1%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,400.9 (down 0.3%). Axis Bank and Bajaj Finance are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,384.8 to 80,096.8, registering a gain of 13,712.0 points (up 20.7%).

LLOYDS ENGINEERING WORKS Financial Update...

LLOYDS ENGINEERING WORKS net profit grew 229.2% YoY to Rs 211 million for the quarter ended March 2024, compared to a profit of Rs 64 million a year ago. Net sales rose 8.1% to Rs 1,879 million during the period as against Rs 1,739 million in January-March 2023.

For the year ended March 2024, LLOYDS ENGINEERING WORKS reported 116.8% increase in net profit to Rs 798 million compared to net profit of Rs 368 million during FY23. Revenue of the company grew 99.7% to Rs 6,242 million during FY24.

The current Price to earnings ratio of LLOYDS ENGINEERING WORKS, based on rolling 12 month earnings, stands at 120.6.


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