SHAKTI PUMPS share price has zoomed 5% and is presently trading at Rs 4,095.1.
Meanwhile, the BSE CAPITAL GOODS index is at 72,425.3 (up 1.2%).
Among the top gainers in the BSE CAPITAL GOODS index today are BHEL (up 3.5%) and HINDUSTAN AERO. (up 3.3%).
GRINDWELL NORTON (down 1.9%) and Carborundum Universal (down 1.6%) are among the top losers today.
Over the last one year, SHAKTI PUMPS has moved up from Rs 598.8 to Rs 4,095.1, registering a gain of Rs 3,496.4 (up 583.9%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 41,608.8 to 72,425.3, registering a gain of 74.1% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 221.1%), HINDUSTAN AERO. (up 157.7%) and Bharat Electronics (up 144.8%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 80,746.0 (up 0.2%).
The top gainers among the BSE Sensex today are NTPC (up 2.7%) and HDFC Bank (up 2.6%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.
In the meantime, NSE Nifty is at 24,572.3 (up 0.2%). BPCL and NTPC are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,795.1 to 80,746.0, registering a gain of 13,950.9 points (up 20.9%).
SHAKTI PUMPS net profit grew 9166.0% YoY to Rs 927 million for the quarter ended June 2024, compared to a profit of Rs 10 million a year ago. Net sales rose 402.0% to Rs 5,676 million during the period as against Rs 1,131 million in April-June 2023.
For the year ended March 2023, SHAKTI PUMPS reported 62.8% decrease in net profit to Rs 241 million compared to net profit of Rs 648 million during FY22. Revenue of the company fell 17.9% to Rs 9,677 million during FY23.
The current Price to earnings ratio of SHAKTI PUMPS, based on rolling 12 month earnings, stands at 35.2.
Equitymaster requests your view! Post a comment on "SHAKTI PUMPS Gains 5%; BSE CAPITAL GOODS Index Up 1.2%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!