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LLOYDS ENGINEERING WORKS Gains 5%; BSE CAPITAL GOODS Index Down 0.2%
Tue, 24 Sep 9:45

LLOYDS ENGINEERING WORKS Gains 5%; BSE CAPITAL GOODS Index Down 0.2%Image source: DNY59/www.istockphoto.com

LLOYDS ENGINEERING WORKS share price has zoomed 5% and is presently trading at Rs 80.7.

Meanwhile, the BSE CAPITAL GOODS index is at 73,793.9 (down 0.2%).

Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 1.8%) and AIA Engineering (up 1.5%).

Bharat Forge (down 1.6%) and Finolex Cables (down 0.9%) are among the top losers today.

Over the last one year, LLOYDS ENGINEERING WORKS has moved up from Rs 41.5 to Rs 80.7, registering a gain of Rs 39.3 (up 94.7%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 46,903.1 to 73,793.9, registering a gain of 57.3% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 121.3%), BHEL (up 120.9%) and Bharat Electronics (up 109.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 84,916.7 .

The top losers among the BSE Sensex today are Bajaj Finance (down 1.4%) and Hindustan Unilever (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,936.8 . Bajaj Finance and Hindustan Unilever are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,800.8 to 84,916.7, registering a gain of 18,115.8 points (up 27.1%).

LLOYDS ENGINEERING WORKS Financial Update...

LLOYDS ENGINEERING WORKS net profit grew 65.3% YoY to Rs 212 million for the quarter ended June 2024, compared to a profit of Rs 128 million a year ago. Net sales rose 19.7% to Rs 1,354 million during the period as against Rs 1,131 million in April-June 2023.

For the year ended March 2024, LLOYDS ENGINEERING WORKS reported 116.8% increase in net profit to Rs 798 million compared to net profit of Rs 368 million during FY23. Revenue of the company grew 99.7% to Rs 6,242 million during FY24.

The current Price to earnings ratio of LLOYDS ENGINEERING WORKS, based on rolling 12 month earnings, stands at 104.7.


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