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KEC INTERNATIONAL Gains 4%; BSE CAPITAL GOODS Index Down 0.1%
Wed, 31 Jul 10:54

KEC INTERNATIONAL Gains 4%; BSE CAPITAL GOODS Index Down 0.1%Image source: DNY59/www.istockphoto.com

KEC INTERNATIONAL share price has zoomed 4% and is presently trading at Rs 917.3.

Meanwhile, the BSE CAPITAL GOODS index is at 75,393.6 (down 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are Honeywell Automation (up 2.9%) and GMR Infra (up 2.5%).

Finolex Cables (down 2.4%) and GRINDWELL NORTON (down 2.4%) are among the top losers today.

Over the last one year, KEC INTERNATIONAL has moved up from Rs 634.4 to Rs 917.3, registering a gain of Rs 282.9 (up 44.6%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 44,045.9 to 75,393.6, registering a gain of 71.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 203.3%), HINDUSTAN AERO. (up 150.8%) and Bharat Electronics (up 142.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,735.1 (up 0.3%).

The top gainers among the BSE Sensex today are Asian Paints (up 2.4%) and NTPC (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,937.8 (up 0.3%). Asian Paints and NTPC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,735.1, registering a gain of 15,207.4 points (up 22.9%).

KEC INTERNATIONAL Financial Update...

KEC INTERNATIONAL net profit grew 106.9% YoY to Rs 876 million for the quarter ended June 2024, compared to a profit of Rs 423 million a year ago. Net sales rose 6.3% to Rs 45,119 million during the period as against Rs 42,436 million in April-June 2023.

For the year ended March 2023, KEC INTERNATIONAL reported 47.0% decrease in net profit to Rs 1,760 million compared to net profit of Rs 3,321 million during FY22. Revenue of the company grew 25.8% to Rs 172,817 million during FY23.

The current Price to earnings ratio of KEC INTERNATIONAL, based on rolling 12 month earnings, stands at 60.2.


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