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LLOYDS ENGINEERING WORKS Gains 8%; BSE CAPITAL GOODS Index Up 0.7%
Tue, 9 Jul 9:59

LLOYDS ENGINEERING WORKS Gains 8%; BSE CAPITAL GOODS Index Up 0.7%Image source: Nikada/www.istockphoto.com

LLOYDS ENGINEERING WORKS share price has zoomed 8% and is presently trading at Rs 84.3.

Meanwhile, the BSE CAPITAL GOODS index is at 76,115.7 (up 0.7%).

Among the top gainers in the BSE CAPITAL GOODS index today are Carborundum Universal (up 2.4%) and ADANI GREEN ENERGY (up 2.2%).

SCHAEFFLER INDIA (down 1.9%) and GRINDWELL NORTON (down 0.7%) are among the top losers today.

Over the last one year, LLOYDS ENGINEERING WORKS has moved up from Rs 25.0 to Rs 84.3, registering a gain of Rs 59.2 (up 236.6%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 40,720.4 to 76,115.7, registering a gain of 86.9% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 258.6%), HINDUSTAN AERO. (up 202.6%) and Bharat Electronics (up 177.0%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,148.1 (up 0.2%).

The top gainers among the BSE Sensex today are Maruti Suzuki (up 4.4%) and MUNDRA PORT & SEZ (up 1.7%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,362.4 (up 0.2%). Maruti Suzuki and MUNDRA PORT & SEZ are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,446.0 to 80,148.1, registering a gain of 14,702.1 points (up 22.5%).

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 120.8.


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