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TRANSFORMERS & RECTIFIERS Gains 5%; BSE CAPITAL GOODS Index Down 0.0%
Thu, 22 Aug 10:19

TRANSFORMERS & RECTIFIERS Gains 5%; BSE CAPITAL GOODS Index Down 0.0%Image source: phive2015/www.istockphoto.com

TRANSFORMERS & RECTIFIERS share price has zoomed 5% and is presently trading at Rs 710.5.

Meanwhile, the BSE CAPITAL GOODS index is at 73,093.5 .

Among the top gainers in the BSE CAPITAL GOODS index today are Carborundum Universal (up 1.8%) and Thermax (up 1.7%).

ABB (down 1.0%) and SCHAEFFLER INDIA (down 0.7%) are among the top losers today.

Over the last one year, TRANSFORMERS & RECTIFIERS has moved up from Rs 107.5 to Rs 710.5, registering a gain of Rs 603.0 (up 561.2%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,641.7 to 73,093.5, registering a gain of 67.5% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 195.9%), HINDUSTAN AERO. (up 147.7%) and Bharat Electronics (up 135.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,033.2 (up 0.2%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 1.0%) and Asian Paints (up 0.9%). The most traded stocks in the BSE Sensex are Bharti Airtel and Tata Steel.

In the meantime, NSE Nifty is at 24,813.8 (up 0.2%). Grasim Industries and Tata Consumer Products are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,033.2, registering a gain of 15,817.1 points (up 24.3%).

TRANSFORMERS & RECTIFIERS Financial Update...

TRANSFORMERS & RECTIFIERS net profit grew 270.6% YoY to Rs 208 million for the quarter ended June 2024, compared to a loss of Rs 122 million a year ago. Net sales rose 107.0% to Rs 3,220 million during the period as against Rs 1,556 million in April-June 2023.

For the year ended March 2024, TRANSFORMERS & RECTIFIERS reported 11.0% increase in net profit to Rs 470 million compared to net profit of Rs 423 million during FY23. Revenue of the company fell 7.3% to Rs 12,947 million during FY24.

The current Price to earnings ratio of TRANSFORMERS & RECTIFIERS, based on rolling 12 month earnings, stands at 133.2.


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