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SADBHAV ENGINEERING Plunges 5%; BSE CAPITAL GOODS Index Up 0.9%
Tue, 10 Sep 12:2

SADBHAV ENGINEERING Plunges 5%; BSE CAPITAL GOODS Index Up 0.9%Image source: ThinkNeo/www.istockphoto.com

SADBHAV ENGINEERING share price has plunged 5% and is presently trading at Rs 31.6.

Meanwhile, the BSE CAPITAL GOODS index is at 71,439.3 (up 0.9%).

Among the top losers in the BSE CAPITAL GOODS index today are SCHAEFFLER INDIA (down 0.6%) and ABB (down 0.4%).

Lakshmi Machine (up 2.2%) and AIA Engineering (up 1.8%) are among the top gainers today.

Over the last one year, SADBHAV ENGINEERING has moved up from Rs 11.5 to Rs 31.6, registering a gain of Rs 20.1 (up 175.0%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 45,845.0 to 71,439.3, registering a gain of 55.8% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 134.7%), Bharat Electronics (up 106.7%) and BHEL (up 93.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,815.6 (up 0.3%).

The top gainers among the BSE Sensex today are Infosys (up 1.5%) and Bharti Airtel (up 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 25,024.6 (up 0.4%). Divis Laboratories and LTIMINDTREE are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,880.5 to 81,815.6, registering a gain of 15,935.0 points (up 24.2%).

SADBHAV ENGINEERING Financial Update...

SADBHAV ENGINEERING net profit fell 88.5% YoY to Rs -307 million for the quarter ended June 2024, compared to a loss of Rs 163 million a year ago. Net sales declined 57.7% to Rs 3,007 million during the period as against Rs 7,112 million in April-June 2023.

For the year ended March 2023, SADBHAV ENGINEERING reported 4.0% increase in net profit to Rs -6,994 million compared to net loss of Rs 7,284 million during FY22. Revenue of the company fell 6.9% to Rs 17,769 million during FY23.

The current Price to earnings ratio of SADBHAV ENGINEERING, based on rolling 12 month earnings, stands at -0.7.


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