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%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
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 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.
Equitymaster requests your view! Post a comment on "TRANSFORMERS & RECTIFIERS Gains 5%; BSE CAPITAL GOODS Index Down 0.0%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!