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VA TECH WABAG Gains 5%; BSE CAPITAL GOODS Index Down 0.0%
Mon, 19 Aug 12:34

VA TECH WABAG Gains 5%; BSE CAPITAL GOODS Index Down 0.0%Image source: DNY59/www.istockphoto.com

VA TECH WABAG share price has zoomed 5% and is presently trading at Rs 1,388.0.

Meanwhile, the BSE CAPITAL GOODS index is at 72,814.6 .

Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 2.6%) and Honeywell Automation (up 1.5%).

V GUARD IND. (down 7.4%) and Finolex Cables (down 2.1%) are among the top losers today.

Over the last one year, VA TECH WABAG has moved up from Rs 508.6 to Rs 1,388.0, registering a gain of Rs 879.4 (up 172.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,332.6 to 72,814.6, registering a gain of 68.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 190.8%), HINDUSTAN AERO. (up 147.0%) and Bharat Electronics (up 132.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,419.9 .

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 80,419.9, registering a gain of 15,018.0 points (up 23.0%).

VA TECH WABAG Financial Update...

VA TECH WABAG net profit fell 4.0% YoY to Rs 570 million for the quarter ended June 2024, compared to a profit of Rs 594 million a year ago. Net sales rose 13.3% to Rs 6,265 million during the period as against Rs 5,528 million in April-June 2023.

For the year ended March 2024, VA TECH WABAG reported 2176.4% increase in net profit to Rs 2,504 million compared to net profit of Rs 110 million during FY23. Revenue of the company fell 3.5% to Rs 28,564 million during FY24.

The current Price to earnings ratio of VA TECH WABAG, based on rolling 12 month earnings, stands at 33.5.


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