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Voltamp Transformers Gains 5%; BSE CAPITAL GOODS Index Up 1.3%
Tue, 8 Oct 10:3

Voltamp Transformers Gains 5%; BSE CAPITAL GOODS Index Up 1.3%Image source: Eoneren/www.istockphoto.com

Voltamp Transformers share price has zoomed 5% and is presently trading at Rs 12,144.5.

Meanwhile, the BSE CAPITAL GOODS index is at 69,707.4 (up 1.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are BHEL (up 2.7%) and HINDUSTAN AERO. (up 2.5%).

Carborundum Universal (down 1.2%) and GRINDWELL NORTON (down 0.9%) are among the top losers today.

Over the last one year, Voltamp Transformers has moved up from Rs 4,233.2 to Rs 12,144.5, registering a gain of Rs 7,911.3 (up 186.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,570.0 to 69,707.4, registering a gain of 46.5% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 122.8%), BHEL (up 106.7%) and Siemens (up 102.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,338.8 (up 0.4%).

The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 2.1%) and NTPC (up 1.7%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,856.4 (up 0.2%). MUNDRA PORT & SEZ and Bharat Electronics are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,226.0 to 81,338.8, registering a gain of 16,112.8 points (up 24.7%).

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 36.6.


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