DPSC share price has zoomed 10% and is presently trading at Rs 20.0.
Meanwhile, the BSE POWER index is at 8,725.8 (up 0.4%).
Among the top gainers in the BSE POWER index today are KEC INTERNATIONAL (up 3.7%) and Power Grid Corp. (up 3.5%).
INDIAN ENERGY EXCHANGE (down 3.9%) and TORRENT POWER (down 1.2%) are among the top losers today.
Over the last one year, DPSC has moved up from Rs 16.4 to Rs 20.0, registering a gain of Rs 3.6 (up 21.9%).
On the other hand, the BSE POWER index has moved up from 4,622.9 to 8,725.8, registering a gain of 88.8% during the last 12 months.
The top gainers among the BSE POWER index stocks during this same period were TORRENT POWER (up 163.4%), BHEL (up 124.6%) and ADANI GREEN ENERGY (up 102.9%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 84,914.1 .
The top gainers among the BSE Sensex today are Power Grid Corp. (up 3.5%) and Axis Bank (up 0.9%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.
In the meantime, NSE Nifty is at 25,925.2 (down 0.1%). LTIMINDTREE and Tech Mahindra are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,023.7 to 84,914.1, registering a gain of 18,890.4 points (up 28.6%).
DPSC net profit grew 12.4% YoY to Rs 31 million for the quarter ended June 2024, compared to a profit of Rs 28 million a year ago. Net sales declined 4.0% to Rs 1,717 million during the period as against Rs 1,788 million in April-June 2023.
For the year ended March 2023, DPSC reported 2.9% increase in net profit to Rs 158 million compared to net profit of Rs 154 million during FY22. Revenue of the company grew 7.0% to Rs 6,231 million during FY23.
The current Price to earnings ratio of DPSC, based on rolling 12 month earnings, stands at 113.7.
Equitymaster requests your view! Post a comment on "DPSC Gains 10%; BSE POWER Index Up 0.4%". 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!