SHAKTI PUMPS share price has plunged 5% and is presently trading at Rs 4,109.0.
Meanwhile, the BSE CAPITAL GOODS index is at 76,115.7 (up 0.7%).
Among the top losers in the BSE CAPITAL GOODS index today are SCHAEFFLER INDIA (down 1.9%) and GRINDWELL NORTON (down 0.7%).
Carborundum Universal (up 2.4%) and ADANI GREEN ENERGY (up 2.3%) are among the top gainers today.
Over the last one year, SHAKTI PUMPS has moved up from Rs 592.5 to Rs 4,109.0, registering a gain of Rs 3,516.6 (up 593.6%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 40,720.4 to 76,115.7, registering a gain of 86.9% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 258.6%), HINDUSTAN AERO. (up 202.3%) and Bharat Electronics (up 177.0%).
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The BSE Sensex is at 80,148.1 (up 0.2%).
The top gainers among the BSE Sensex today are Maruti Suzuki (up 4.5%) and MUNDRA PORT & SEZ (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.
In the meantime, NSE Nifty is at 24,362.4 (up 0.2%). Maruti Suzuki and MUNDRA PORT & SEZ are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,446.0 to 80,148.1, registering a gain of 14,702.1 points (up 22.5%).
SHAKTI PUMPS net profit grew 3890.1% YoY to Rs 897 million for the quarter ended March 2024, compared to a profit of Rs 22 million a year ago. Net sales rose 233.6% to Rs 6,093 million during the period as against Rs 1,827 million in January-March 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 58.1.
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