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GENSOL ENGINEERING Gains 4%; BSE CAPITAL GOODS Index Down 0.5%
Thu, 26 Sep 9:56

GENSOL ENGINEERING Gains 4%; BSE CAPITAL GOODS Index Down 0.5%Image source: DNY59/www.istockphoto.com

GENSOL ENGINEERING share price has zoomed 4% and is presently trading at Rs 862.1.

Meanwhile, the BSE CAPITAL GOODS index is at 73,680.4 (down 0.5%).

Among the top gainers in the BSE CAPITAL GOODS index today are Thermax (up 0.4%) and Siemens (up 0.2%).

TIMKEN INDIA (down 1.9%) and GMR Infra (down 1.4%) are among the top losers today.

Over the last one year, GENSOL ENGINEERING has moved up from Rs 661.5 to Rs 862.1, registering a gain of Rs 200.6 (up 30.3%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 46,582.2 to 73,680.4, registering a gain of 58.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 126.2%), BHEL (up 123.0%) and Bharat Electronics (up 112.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 85,345.6 (up 0.2%).

The top gainers among the BSE Sensex today are Maruti Suzuki (up 2.5%) and Tata Motors (up 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 26,049.1 (up 0.2%). Maruti Suzuki and Tata Motors are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,023.7 to 85,345.6, registering a gain of 19,321.9 points (up 29.3%).

GENSOL ENGINEERING Financial Update...

GENSOL ENGINEERING net profit grew 50.9% YoY to Rs 152 million for the quarter ended June 2024, compared to a profit of Rs 100 million a year ago. Net sales rose 104.1% to Rs 2,952 million during the period as against Rs 1,446 million in April-June 2023.

For the year ended March 2024, GENSOL ENGINEERING reported 129.1% increase in net profit to Rs 535 million compared to net profit of Rs 233 million during FY23. Revenue of the company grew 142.0% to Rs 9,631 million during FY24.

The current Price to earnings ratio of GENSOL ENGINEERING, based on rolling 12 month earnings, stands at 55.7.


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