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Voltamp Transformers Gains 3%; BSE CAPITAL GOODS Index Up 0.1%
Tue, 15 Oct 13:2

Voltamp Transformers Gains 3%; BSE CAPITAL GOODS Index Up 0.1%Image source: Kameleon007 /www.istockphoto.com

Voltamp Transformers share price has zoomed 3% and is presently trading at Rs 13,845.4.

Meanwhile, the BSE CAPITAL GOODS index is at 72,157.2 (up 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are Carborundum Universal (up 3.5%) and AIA Engineering (up 1.8%).

ADANI GREEN ENERGY (down 0.7%) and SCHAEFFLER INDIA (down 0.6%) are among the top losers today.

Over the last one year, Voltamp Transformers has moved up from Rs 4,445.9 to Rs 13,845.4, registering a gain of Rs 9,399.5 (up 211.4%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,961.7 to 72,157.2, registering a gain of 50.4% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 133.9%), Siemens (up 119.4%) and Bharat Electronics (up 109.5%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 81,817.3 (down 0.2%).

The top losers among the BSE Sensex today are Bajaj Finance (down 2.3%) and M&M (down 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 25,058.8 (down 0.3%). Bajaj Auto and Wipro are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,473.1 to 81,817.3, registering a gain of 15,344.3 points (up 23.1%).

Voltamp Transformers Financial Update...

Voltamp Transformers net profit grew 56.5% YoY to Rs 794 million for the quarter ended June 2024, compared to a profit of Rs 508 million a year ago. Net sales rose 32.9% to Rs 4,282 million during the period as against Rs 3,222 million in April-June 2023.

For the year ended March 2024, Voltamp Transformers reported 53.7% increase in net profit to Rs 3,074 million compared to net profit of Rs 1,999 million during FY23. Revenue of the company grew 16.7% to Rs 16,162 million during FY24.

The current Price to earnings ratio of Voltamp Transformers, based on rolling 12 month earnings, stands at 41.7.


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