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SADBHAV ENGINEERING Plunges 5%; BSE CAPITAL GOODS Index Up 0.6%
Tue, 27 Aug 14:28

SADBHAV ENGINEERING Plunges 5%; BSE CAPITAL GOODS Index Up 0.6%Image source: ThinkNeo/www.istockphoto.com

SADBHAV ENGINEERING share price has plunged 5% and is presently trading at Rs 33.9.

Meanwhile, the BSE CAPITAL GOODS index is at 73,909.9 (up 0.6%).

Among the top losers in the BSE CAPITAL GOODS index today are GRINDWELL NORTON (down 2.1%) and AIA Engineering (down 1.4%).

ABB (up 2.4%) and L&T (up 2.1%) are among the top gainers today.

Over the last one year, SADBHAV ENGINEERING has moved up from Rs 12.6 to Rs 33.9, registering a gain of Rs 21.3 (up 169.0%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 44,700.9 to 73,909.9, registering a gain of 65.3% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 171.9%), HINDUSTAN AERO. (up 135.3%) and Bharat Electronics (up 127.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,804.8 (up 0.1%).

The top gainers among the BSE Sensex today are Maruti Suzuki (up 2.2%) and L&T (up 2.1%). The most traded stocks in the BSE Sensex are ICICI Bank and Tata Steel.

In the meantime, NSE Nifty is at 25,043.3 (up 0.1%). Shriram Transport and SBI LIFE INSURANCE are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,433.3 to 81,804.8, registering a gain of 16,371.5 points (up 25.0%).

SADBHAV ENGINEERING Financial Update...

SADBHAV ENGINEERING net profit fell 88.5% YoY to Rs -307 million for the quarter ended June 2024, compared to a loss of Rs 163 million a year ago. Net sales declined 57.7% to Rs 3,007 million during the period as against Rs 7,112 million in April-June 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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