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Schneider Electric Infra Plunges 6%; BSE CAPITAL GOODS Index Down 2.4%
Mon, 7 Oct 13:8

Schneider Electric Infra Plunges 6%; BSE CAPITAL GOODS Index Down 2.4%Image source: StarLineArts/www.istockphoto.com

Schneider Electric Infra share price has plunged 6% and is presently trading at Rs 750.0.

Meanwhile, the BSE CAPITAL GOODS index is at 68,593.8 (down 2.4%).

Among the top losers in the BSE CAPITAL GOODS index today are Graphite India (down 5.9%) and GMR Infra (down 5.2%).

Over the last one year, Schneider Electric Infra has moved up from Rs 362.0 to Rs 750.0, registering a gain of Rs 388.0 (up 107.2%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,209.1 to 68,593.8, registering a gain of 42.3% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 113.1%), Siemens (up 98.2%) and BHEL (up 95.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,137.6 (down 0.7%).

The top losers among the BSE Sensex today are NTPC (down 4.1%) and MUNDRA PORT & SEZ (down 3.9%). The most traded stocks in the BSE Sensex are Tata Steel and Axis Bank.

In the meantime, NSE Nifty is at 24,793.9 (down 0.9%). NTPC and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 81,137.6, registering a gain of 15,625.5 points (up 23.9%).

Schneider Electric Infra Financial Update...

Schneider Electric Infra net profit grew 38.8% YoY to Rs 485 million for the quarter ended June 2024, compared to a profit of Rs 349 million a year ago. Net sales rose 19.7% to Rs 5,929 million during the period as against Rs 4,953 million in April-June 2023.

For the year ended March 2024, Schneider Electric Infra reported 39.1% increase in net profit to Rs 1,720 million compared to net profit of Rs 1,236 million during FY23. Revenue of the company grew 24.2% to Rs 22,067 million during FY24.

The current Price to earnings ratio of Schneider Electric Infra, based on rolling 12 month earnings, stands at 96.6.


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