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TRANSFORMERS & RECTIFIERS Plunges 3%; BSE CAPITAL GOODS Index Down 0.0%
Tue, 8 Oct 9:29

TRANSFORMERS & RECTIFIERS Plunges 3%; BSE CAPITAL GOODS Index Down 0.0%Image source: Chunumunu/www.istockphoto.com

TRANSFORMERS & RECTIFIERS share price has plunged 3% and is presently trading at Rs 620.2.

Meanwhile, the BSE CAPITAL GOODS index is at 68,768.1 .

Among the top losers in the BSE CAPITAL GOODS index today are AIA Engineering (down 2.5%) and Thermax (down 2.2%).

Graphite India (up 0.7%) and L&T (up 0.7%) are among the top gainers today.

Over the last one year, TRANSFORMERS & RECTIFIERS has moved up from Rs 159.4 to Rs 620.2, registering a gain of Rs 460.9 (up 289.2%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,570.0 to 68,768.1, registering a gain of 44.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 118.3%), BHEL (up 101.8%) and Siemens (up 99.1%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 81,169.7 (up 0.1%).

The top gainers among the BSE Sensex today are Hindustan Unilever (up 1.2%) and M&M (up 1.1%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,810.0 (up 0.1%). M&M and Hindustan Unilever are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,226.0 to 81,169.7, registering a gain of 15,943.7 points (up 24.4%).

TRANSFORMERS & RECTIFIERS Financial Update...

TRANSFORMERS & RECTIFIERS net profit grew 270.6% YoY to Rs 208 million for the quarter ended June 2024, compared to a loss of Rs 122 million a year ago. Net sales rose 107.0% to Rs 3,220 million during the period as against Rs 1,556 million in April-June 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 116.3.


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