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SCHLAFHORST ENG. Gains 4%; BSE CAPITAL GOODS Index Up 0.2%
Thu, 27 Jun 9:48

SCHLAFHORST ENG. Gains 4%; BSE CAPITAL GOODS Index Up 0.2%Image source: hudiemm/www.istockphoto.com

SCHLAFHORST ENG. share price has zoomed 4% and is presently trading at Rs 251.5.

Meanwhile, the BSE CAPITAL GOODS index is at 72,809.9 (up 0.2%).

Among the top gainers in the BSE CAPITAL GOODS index today are SKF India (up 2.3%) and GMR Infra (up 2.0%).

TIMKEN INDIA (down 1.2%) and Finolex Cables (down 1.0%) are among the top losers today.

Over the last one year, SCHLAFHORST ENG. has moved down from Rs 252.0 to Rs 251.5, registering a loss of Rs 0.5 (down 0.2%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 39,563.3 to 72,809.9, registering a gain of 84.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 257.4%), HINDUSTAN AERO. (up 185.3%) and Bharat Electronics (up 151.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 78,626.1 (down 0.1%).

The top losers among the BSE Sensex today are M&M (down 1.7%) and Tech Mahindra (down 1.1%). The most traded stocks in the BSE Sensex are Tata Steel and ICICI Bank.

In the meantime, NSE Nifty is at 23,857.4 (down 0.1%). M&M and Tech Mahindra are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 62,970.0 to 78,626.1, registering a gain of 15,656.1 points (up 24.9%).

SCHLAFHORST ENG. Financial Update...

SCHLAFHORST ENG. net profit fell 43.5% YoY to Rs 27 million for the quarter ended March 2024, compared to a profit of Rs 48 million a year ago. Net sales declined 6.6% to Rs 334 million during the period as against Rs 357 million in January-March 2023.

For the year ended March 2024, SCHLAFHORST ENG. reported 20.2% decrease in net profit to Rs 145 million compared to net profit of Rs 182 million during FY23. Revenue of the company grew 10.3% to Rs 1,468 million during FY24.

The current Price to earnings ratio of SCHLAFHORST ENG., based on rolling 12 month earnings, stands at 59.5.


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