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Schneider Electric Infra Gains 11%; BSE CAPITAL GOODS Index Up 0.4%
Tue, 24 Sep 14:28

Schneider Electric Infra Gains 11%; BSE CAPITAL GOODS Index Up 0.4%Image source: phive2015/www.istockphoto.com

Schneider Electric Infra share price has zoomed 11% and is presently trading at Rs 859.7.

Meanwhile, the BSE CAPITAL GOODS index is at 74,167.5 (up 0.4%).

Among the top gainers in the BSE CAPITAL GOODS index today are BHEL (up 3.0%) and AIA Engineering (up 2.8%).

Finolex Cables (down 1.9%) and HINDUSTAN AERO. (down 0.7%) are among the top losers today.

Over the last one year, Schneider Electric Infra has moved up from Rs 341.6 to Rs 859.7, registering a gain of Rs 518.2 (up 151.7%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 46,903.1 to 74,167.5, registering a gain of 58.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 128.4%), HINDUSTAN AERO. (up 120.9%) and Bharat Electronics (up 113.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 85,024.7 (up 0.1%).

The top gainers among the BSE Sensex today are Tata Steel (up 4.6%) and Power Grid Corp. (up 2.7%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,972.3 (up 0.1%). Tata Steel and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,800.8 to 85,024.7, registering a gain of 18,223.8 points (up 27.3%).

Schneider Electric Infra Financial Update...

Schneider Electric Infra net profit grew 38.8% YoY to Rs 485 million for the quarter ended June 2024, compared to a profit of Rs 349 million a year ago. Net sales rose 19.7% to Rs 5,929 million during the period as against Rs 4,953 million in April-June 2023.

For the year ended March 2024, Schneider Electric Infra reported 39.1% increase in net profit to Rs 1,720 million compared to net profit of Rs 1,236 million during FY23. Revenue of the company grew 24.2% to Rs 22,067 million during FY24.

The current Price to earnings ratio of Schneider Electric Infra, based on rolling 12 month earnings, stands at 110.8.


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