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LLOYDS ENGINEERING WORKS Gains 7%; BSE CAPITAL GOODS Index Up 1.0%
Wed, 9 Oct 13:36

LLOYDS ENGINEERING WORKS Gains 7%; BSE CAPITAL GOODS Index Up 1.0%Image source: Chunumunu/www.istockphoto.com

LLOYDS ENGINEERING WORKS share price has zoomed 7% and is presently trading at Rs 80.4.

Meanwhile, the BSE CAPITAL GOODS index is at 71,464.8 (up 1.0%).

Among the top gainers in the BSE CAPITAL GOODS index today are Siemens (up 4.2%) and ABB (up 4.0%).

Finolex Cables (down 1.7%) and L&T (down 0.9%) are among the top losers today.

Over the last one year, LLOYDS ENGINEERING WORKS has moved up from Rs 43.0 to Rs 80.4, registering a gain of Rs 37.4 (up 86.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,558.7 to 71,464.8, registering a gain of 50.3% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 129.0%), Siemens (up 116.9%) and BHEL (up 110.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,785.0 (up 0.2%).

The top gainers among the BSE Sensex today are Tata Motors (up 2.6%) and SBI (up 2.0%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,098.7 (up 0.3%). Tata Motors and Trent are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,512.4 to 81,785.0, registering a gain of 16,272.6 points (up 24.8%).

LLOYDS ENGINEERING WORKS Financial Update...

LLOYDS ENGINEERING WORKS net profit grew 65.3% YoY to Rs 212 million for the quarter ended June 2024, compared to a profit of Rs 128 million a year ago. Net sales rose 19.7% to Rs 1,354 million during the period as against Rs 1,131 million in April-June 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 104.3.


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