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INTL.CONVEYORS Gains 6%; BSE CAPITAL GOODS Index Up 0.3%
Tue, 24 Sep 14:33

INTL.CONVEYORS Gains 6%; BSE CAPITAL GOODS Index Up 0.3%Image source: hudiemm/www.istockphoto.com

INTL.CONVEYORS share price has zoomed 6% and is presently trading at Rs 107.9.

Meanwhile, the BSE CAPITAL GOODS index is at 74,165.5 (up 0.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are BHEL (up 3.0%) and AIA Engineering (up 2.8%).

Finolex Cables (down 1.9%) and HINDUSTAN AERO. (down 0.7%) are among the top losers today.

Over the last one year, INTL.CONVEYORS has moved up from Rs 84.2 to Rs 107.9, registering a gain of Rs 23.7 (up 28.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 46,903.1 to 74,165.5, registering a gain of 58.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 128.3%), HINDUSTAN AERO. (up 120.8%) and Bharat Electronics (up 113.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 85,062.1 (up 0.2%).

The top gainers among the BSE Sensex today are Tata Steel (up 4.6%) and Power Grid Corp. (up 2.7%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,973.4 (up 0.1%). Tata Steel and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,800.8 to 85,062.1, registering a gain of 18,261.2 points (up 27.3%).

INTL.CONVEYORS Financial Update...

INTL.CONVEYORS net profit grew 125.9% YoY to Rs 319 million for the quarter ended June 2024, compared to a profit of Rs 141 million a year ago. Net sales declined 5.3% to Rs 404 million during the period as against Rs 427 million in April-June 2023.

For the year ended March 2024, INTL.CONVEYORS reported 117.2% increase in net profit to Rs 624 million compared to net profit of Rs 287 million during FY23. Revenue of the company fell 37.7% to Rs 1,339 million during FY24.

The current Price to earnings ratio of INTL.CONVEYORS, based on rolling 12 month earnings, stands at 8.5.


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