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SADBHAV ENGINEERING Gains 10%; BSE CAPITAL GOODS Index Up 1.2%
Fri, 9 Aug 13:27

SADBHAV ENGINEERING Gains 10%; BSE CAPITAL GOODS Index Up 1.2%Image source: Nikada/www.istockphoto.com

SADBHAV ENGINEERING share price has zoomed 10% and is presently trading at Rs 31.6.

Meanwhile, the BSE CAPITAL GOODS index is at 72,384.4 (up 1.2%).

Among the top gainers in the BSE CAPITAL GOODS index today are Lakshmi Machine (up 2.9%) and Bharat Forge (up 2.2%).

TIMKEN INDIA (down 3.8%) and Carborundum Universal (down 1.5%) are among the top losers today.

Over the last one year, SADBHAV ENGINEERING has moved up from Rs 11.0 to Rs 31.6, registering a gain of Rs 20.6 (up 187.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,182.8 to 72,384.4, registering a gain of 67.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 213.3%), HINDUSTAN AERO. (up 151.2%) and Bharat Electronics (up 135.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,704.0 (up 1.0%).

The top gainers among the BSE Sensex today are JSW Steel (up 2.8%) and Tata Motors (up 2.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,361.3 (up 1.0%). Eicher Motor and Grasim Industries are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 79,704.0, registering a gain of 13,750.6 points (up 20.8%).

SADBHAV ENGINEERING Financial Update...

SADBHAV ENGINEERING net profit fell 464.7% YoY to Rs -2,882 million for the quarter ended March 2024, compared to a profit of Rs 790 million a year ago. Net sales rose 11.0% to Rs 4,727 million during the period as against Rs 4,257 million in January-March 2023.

For the year ended March 2023, SADBHAV ENGINEERING reported 4.0% increase in net profit to Rs -6,994 million compared to net loss of Rs 7,284 million during FY22. Revenue of the company fell 6.9% to Rs 17,769 million during FY23.

The current Price to earnings ratio of SADBHAV ENGINEERING, based on rolling 12 month earnings, stands at -0.7.


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