Swelect Energy share price has zoomed 7% and is presently trading at Rs 1,098.0.
Meanwhile, the BSE CAPITAL GOODS index is at 66,416.8 .
Among the top gainers in the BSE CAPITAL GOODS index today are SKF India (up 2.1%) and SCHAEFFLER INDIA (up 1.2%).
Thermax (down 1.3%) and ADANI GREEN ENERGY (down 1.1%) are among the top losers today.
Over the last one year, Swelect Energy has moved up from Rs 608.3 to Rs 1,098.0, registering a gain of Rs 489.8 (up 80.5%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 45,605.4 to 66,416.8, registering a gain of 45.6% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 129.0%), Bharat Electronics (up 107.3%) and BHEL (up 98.8%).
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The BSE Sensex is at 79,742.9 (down 0.3%).
The top losers among the BSE Sensex today are Infosys (down 1.2%) and M&M (down 1.1%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..
In the meantime, NSE Nifty is at 24,293.7 (down 0.2%). M&M and IOC are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 64,049.1 to 79,742.9, registering a gain of 15,693.9 points (up 24.5%).
Swelect Energy net profit fell 32.7% YoY to Rs 66 million for the quarter ended June 2024, compared to a profit of Rs 98 million a year ago. Net sales rose 105.6% to Rs 1,138 million during the period as against Rs 554 million in April-June 2023.
For the year ended March 2024, Swelect Energy reported 87.7% increase in net profit to Rs 536 million compared to net profit of Rs 285 million during FY23. Revenue of the company fell 1.2% to Rs 2,428 million during FY24.
The current Price to earnings ratio of Swelect Energy, based on rolling 12 month earnings, stands at 30.2.
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