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SADBHAV ENGINEERING Gains 5%; BSE CAPITAL GOODS Index Up 0.0%
Wed, 27 Nov 9:21

SADBHAV ENGINEERING Gains 5%; BSE CAPITAL GOODS Index Up 0.0%Image source: phive2015/www.istockphoto.com

SADBHAV ENGINEERING share price has zoomed 5% and is presently trading at Rs 30.1.

Meanwhile, the BSE CAPITAL GOODS index is at 69,573.9 .

Among the top gainers in the BSE CAPITAL GOODS index today are Lakshmi Machine (up 3.7%) and AIA Engineering (up 3.5%).

GRINDWELL NORTON (down 1.7%) and V GUARD IND. (down 1.1%) are among the top losers today.

Over the last one year, SADBHAV ENGINEERING has moved up from Rs 21.4 to Rs 30.1, registering a gain of Rs 8.6 (up 40.3%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,868.6 to 69,573.9, registering a gain of 42.4% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 111.5%), Siemens (up 104.1%) and HINDUSTAN AERO. (up 91.6%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,894.1 (down 0.1%).

The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 1.8%) and JSW Steel (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,196.7 . M&M and Coal India are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,894.1, registering a gain of 13,719.9 points (up 20.7%).

SADBHAV ENGINEERING Financial Update...

SADBHAV ENGINEERING net profit grew 116.0% YoY to Rs 468 million for the quarter ended September 2024, compared to a loss of Rs 2,928 million a year ago. Net sales declined 53.0% to Rs 2,059 million during the period as against Rs 4,384 million in July-September 2023.

For the year ended March 2024, SADBHAV ENGINEERING reported 11.5% decrease in net profit to Rs -7,799 million compared to net loss of Rs 6,994 million during FY23. Revenue of the company grew 8.2% to Rs 19,230 million during FY24.

The current Price to earnings ratio of SADBHAV ENGINEERING, based on rolling 12 month earnings, stands at -1.1.


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