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Schneider Electric Infra Plunges 3%; BSE CAPITAL GOODS Index Down 1.0%
Thu, 1 Aug 12:19

Schneider Electric Infra Plunges 3%; BSE CAPITAL GOODS Index Down 1.0%Image source: phive2015/www.istockphoto.com

Schneider Electric Infra share price has plunged 3% and is presently trading at Rs 780.0.

Meanwhile, the BSE CAPITAL GOODS index is at 74,860.0 (down 1.0%).

Among the top losers in the BSE CAPITAL GOODS index today are Lakshmi Machine (down 2.4%) and Siemens (down 2.2%).

Thermax (up 1.1%) and TIMKEN INDIA (up 1.0%) are among the top gainers today.

Over the last one year, Schneider Electric Infra has moved up from Rs 283.7 to Rs 780.0, registering a gain of Rs 496.3 (up 175.0%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 44,045.9 to 74,860.0, registering a gain of 70.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 197.4%), HINDUSTAN AERO. (up 143.2%) and Bharat Electronics (up 137.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,784.2 (up 0.1%).

The top gainers among the BSE Sensex today are Power Grid Corp. (up 3.1%) and NTPC (up 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,990.6 (up 0.2%). Coal India and Power Grid Corp. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,784.2, registering a gain of 15,256.5 points (up 22.9%).

Schneider Electric Infra Financial Update...

Schneider Electric Infra net profit fell 92.7% YoY to Rs 33 million for the quarter ended March 2024, compared to a profit of Rs 448 million a year ago. Net sales rose 14.9% to Rs 4,718 million during the period as against Rs 4,105 million in January-March 2023.

For the year ended March 2023, Schneider Electric Infra reported 347.6% increase in net profit to Rs 1,236 million compared to net profit of Rs 276 million during FY22. Revenue of the company grew 16.1% to Rs 17,772 million during FY23.

The current Price to earnings ratio of Schneider Electric Infra, based on rolling 12 month earnings, stands at 108.4.


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