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SADBHAV ENGINEERING Plunges 5%; BSE CAPITAL GOODS Index Up 0.5%
Tue, 2 Jul 12:7

SADBHAV ENGINEERING Plunges 5%; BSE CAPITAL GOODS Index Up 0.5%Image source: peterschreiber.media/www.istockphoto.com

SADBHAV ENGINEERING share price has plunged 5% and is presently trading at Rs 28.0.

Meanwhile, the BSE CAPITAL GOODS index is at 73,116.1 (up 0.5%).

Among the top losers in the BSE CAPITAL GOODS index today are Siemens (down 2.1%) and Thermax (down 1.3%).

V GUARD IND. (up 3.4%) and GRINDWELL NORTON (up 2.7%) are among the top gainers today.

Over the last one year, SADBHAV ENGINEERING has moved up from Rs 10.9 to Rs 28.0, registering a gain of Rs 17.1 (up 157.0%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 40,035.1 to 73,116.1, registering a gain of 82.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 251.2%), HINDUSTAN AERO. (up 188.1%) and Bharat Electronics (up 153.7%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,530.5 (up 0.1%).

The top gainers among the BSE Sensex today are Infosys (up 2.4%) and L&T (up 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,161.3 (up 0.1%). Wipro and L&T are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,915.4 to 79,530.5, registering a gain of 15,615.0 points (up 24.4%).

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 -0.6.


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