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LLOYDS ENGINEERING WORKS Plunges 5%; BSE CAPITAL GOODS Index Down 0.1%
Wed, 31 Jul 10:54

LLOYDS ENGINEERING WORKS Plunges 5%; BSE CAPITAL GOODS Index Down 0.1%Image source: CreativaImages/www.istockphoto.com

LLOYDS ENGINEERING WORKS share price has plunged 5% and is presently trading at Rs 87.3.

Meanwhile, the BSE CAPITAL GOODS index is at 75,393.6 (down 0.1%).

Among the top losers in the BSE CAPITAL GOODS index today are Finolex Cables (down 2.4%) and GRINDWELL NORTON (down 2.4%).

Honeywell Automation (up 2.9%) and GMR Infra (up 2.5%) are among the top gainers today.

Over the last one year, LLOYDS ENGINEERING WORKS has moved up from Rs 44.4 to Rs 87.3, registering a gain of Rs 42.9 (up 96.7%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 44,045.9 to 75,393.6, registering a gain of 71.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 203.3%), HINDUSTAN AERO. (up 150.8%) and Bharat Electronics (up 142.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,735.1 (up 0.3%).

The top gainers among the BSE Sensex today are Asian Paints (up 2.4%) and NTPC (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,937.8 (up 0.3%). Asian Paints and NTPC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,735.1, registering a gain of 15,207.4 points (up 22.9%).

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 113.3.


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