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LIKHITHA INFRASTRUCTURE Gains 9%; BSE CAPITAL GOODS Index Down 0.0%
Mon, 19 Aug 12:33

LIKHITHA INFRASTRUCTURE Gains 9%; BSE CAPITAL GOODS Index Down 0.0%Image source: Sakorn BernardaSv/www.istockphoto.com

LIKHITHA INFRASTRUCTURE share price has zoomed 9% and is presently trading at Rs 413.9.

Meanwhile, the BSE CAPITAL GOODS index is at 72,832.4 .

Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 2.5%) and Honeywell Automation (up 1.5%).

V GUARD IND. (down 7.5%) and Finolex Cables (down 2.1%) are among the top losers today.

Over the last one year, LIKHITHA INFRASTRUCTURE has moved up from Rs 277.3 to Rs 413.9, registering a gain of Rs 136.6 (up 49.3%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,332.6 to 72,832.4, registering a gain of 68.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 190.9%), HINDUSTAN AERO. (up 147.3%) and Bharat Electronics (up 132.2%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,432.0 .

The top losers among the BSE Sensex today are M&M (down 2.0%) and Bharti Airtel (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,556.6 (up 0.1%). Hindalco and BPCL are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 80,432.0, registering a gain of 15,030.1 points (up 23.0%).

LIKHITHA INFRASTRUCTURE Financial Update...

LIKHITHA INFRASTRUCTURE net profit grew 7.2% YoY to Rs 171 million for the quarter ended June 2024, compared to a profit of Rs 159 million a year ago. Net sales rose 38.6% to Rs 1,250 million during the period as against Rs 902 million in April-June 2023.

For the year ended March 2023, LIKHITHA INFRASTRUCTURE reported 30.7% increase in net profit to Rs 603 million compared to net profit of Rs 461 million during FY22. Revenue of the company grew 41.9% to Rs 3,650 million during FY23.

The current Price to earnings ratio of LIKHITHA INFRASTRUCTURE, based on rolling 12 month earnings, stands at 24.6.


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