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TRANSFORMERS & RECTIFIERS Gains 5%; BSE CAPITAL GOODS Index Up 1.2%
Tue, 19 Nov 9:59

TRANSFORMERS & RECTIFIERS Gains 5%; BSE CAPITAL GOODS Index Up 1.2%Image source: phive2015/www.istockphoto.com

TRANSFORMERS & RECTIFIERS share price has zoomed 5% and is presently trading at Rs 958.7.

Meanwhile, the BSE CAPITAL GOODS index is at 66,868.3 (up 1.2%).

Among the top gainers in the BSE CAPITAL GOODS index today are GMR Infra (up 3.3%) and BHEL (up 3.1%).

Thermax (down 3.5%) and ADANI GREEN ENERGY (down 0.7%) are among the top losers today.

Over the last one year, TRANSFORMERS & RECTIFIERS has moved up from Rs 194.3 to Rs 958.7, registering a gain of Rs 764.4 (up 393.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,474.9 to 66,868.3, registering a gain of 37.9% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 97.2%), HINDUSTAN AERO. (up 96.4%) and Siemens (up 90.7%).

Revealed: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 78,007.9 (up 0.9%).

The top gainers among the BSE Sensex today are M&M (up 3.1%) and MUNDRA PORT & SEZ (up 2.1%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 23,684.9 (up 1.0%). Trent and M&M are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 78,007.9, registering a gain of 12,332.0 points (up 18.8%).

TRANSFORMERS & RECTIFIERS Financial Update...

TRANSFORMERS & RECTIFIERS net profit grew 2329.1% YoY to Rs 459 million for the quarter ended September 2024, compared to a profit of Rs 19 million a year ago. Net sales rose 79.5% to Rs 4,615 million during the period as against Rs 2,571 million in July-September 2023.

For the year ended March 2024, TRANSFORMERS & RECTIFIERS reported 11.0% increase in net profit to Rs 470 million compared to net profit of Rs 423 million during FY23. Revenue of the company fell 7.3% to Rs 12,947 million during FY24.

The current Price to earnings ratio of TRANSFORMERS & RECTIFIERS, based on rolling 12 month earnings, stands at 116.0.


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