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KEC INTERNATIONAL Gains 3%; BSE CAPITAL GOODS Index Down 0.1%
Wed, 18 Sep 13:9

KEC INTERNATIONAL Gains 3%; BSE CAPITAL GOODS Index Down 0.1%Image source: Kameleon007 /www.istockphoto.com

KEC INTERNATIONAL share price has zoomed 3% and is presently trading at Rs 1,014.5.

Meanwhile, the BSE CAPITAL GOODS index is at 72,882.2 (down 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are Graphite India (up 8.9%) and L&T (up 0.8%).

GMR Infra (down 1.6%) and GRINDWELL NORTON (down 1.3%) are among the top losers today.

Over the last one year, KEC INTERNATIONAL has moved up from Rs 667.8 to Rs 1,014.5, registering a gain of Rs 346.8 (up 51.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,095.4 to 72,882.2, registering a gain of 54.8% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 123.2%), BHEL (up 110.9%) and Bharat Electronics (up 101.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 83,121.3 (up 0.1%).

The top gainers among the BSE Sensex today are Bajaj Finance (up 3.6%) and Bajaj Finserv (up 2.2%). The most traded stocks in the BSE Sensex are SBI and Tata Steel.

In the meantime, NSE Nifty is at 25,386.7 (down 0.1%). TCS and HCl Tech. are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 67,596.8 to 83,121.3, registering a gain of 15,524.4 points (up 23.0%).

KEC INTERNATIONAL Financial Update...

KEC INTERNATIONAL net profit grew 106.9% YoY to Rs 876 million for the quarter ended June 2024, compared to a profit of Rs 423 million a year ago. Net sales rose 6.3% to Rs 45,119 million during the period as against Rs 42,436 million in April-June 2023.

For the year ended March 2024, KEC INTERNATIONAL reported 97.0% increase in net profit to Rs 3,468 million compared to net profit of Rs 1,760 million during FY23. Revenue of the company grew 15.2% to Rs 199,142 million during FY24.

The current Price to earnings ratio of KEC INTERNATIONAL, based on rolling 12 month earnings, stands at 66.5.


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