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Voltamp Transformers Gains 5%; BSE CAPITAL GOODS Index Up 1.5%
Mon, 22 Jul 15:36

Voltamp Transformers Gains 5%; BSE CAPITAL GOODS Index Up 1.5%Image source: Kameleon007 /www.istockphoto.com

Voltamp Transformers share price has zoomed 5% and is presently trading at Rs 11,750.2.

Meanwhile, the BSE CAPITAL GOODS index is at 72,707.7 (up 1.5%).

Among the top gainers in the BSE CAPITAL GOODS index today are HINDUSTAN AERO. (up 4.2%) and BHEL (up 3.5%).

Carborundum Universal (down 2.1%) and GRINDWELL NORTON (down 1.9%) are among the top losers today.

Over the last one year, Voltamp Transformers has moved up from Rs 4,210.0 to Rs 11,750.2, registering a gain of Rs 7,540.2 (up 179.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 41,608.8 to 72,707.7, registering a gain of 74.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 221.1%), HINDUSTAN AERO. (up 160.0%) and Bharat Electronics (up 146.5%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,542.5 (down 0.1%).

The top losers among the BSE Sensex today are Reliance Ind. (down 3.4%) and Kotak Bank (down 3.3%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 24,515.9 (down 0.1%). Wipro and Reliance Ind. are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,795.1 to 80,542.5, registering a gain of 13,747.4 points (up 20.6%).

Voltamp Transformers Financial Update...

Voltamp Transformers net profit grew 22.2% YoY to Rs 935 million for the quarter ended March 2024, compared to a profit of Rs 766 million a year ago. Net sales rose 14.6% to Rs 5,042 million during the period as against Rs 4,399 million in January-March 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 38.7.


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