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KIRLOSKAR PNEUMATIC Gains 5%; BSE CAPITAL GOODS Index Down 0.3%
Thu, 27 Jun 11:3

KIRLOSKAR PNEUMATIC Gains 5%; BSE CAPITAL GOODS Index Down 0.3%Image source: phive2015/www.istockphoto.com

KIRLOSKAR PNEUMATIC share price has zoomed 5% and is presently trading at Rs 1,428.5.

Meanwhile, the BSE CAPITAL GOODS index is at 72,479.4 (down 0.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are SCHAEFFLER INDIA (up 1.8%) and SKF India (up 1.3%).

Finolex Cables (down 1.8%) and TIMKEN INDIA (down 1.6%) are among the top losers today.

Over the last one year, KIRLOSKAR PNEUMATIC has moved up from Rs 647.5 to Rs 1,428.5, registering a gain of Rs 781.0 (up 120.6%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 39,563.3 to 72,479.4, registering a gain of 83.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 255.8%), HINDUSTAN AERO. (up 182.3%) and Bharat Electronics (up 150.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 78,729.6 (up 0.1%).

The top gainers among the BSE Sensex today are Ultratech Cement (up 3.3%) and JSW Steel (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and M&M.

In the meantime, NSE Nifty is at 23,889.3 (up 0.1%). Ultratech Cement and Grasim Industries are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 62,970.0 to 78,729.6, registering a gain of 15,759.6 points (up 25.0%).

KIRLOSKAR PNEUMATIC Financial Update...

KIRLOSKAR PNEUMATIC net profit grew 86.8% YoY to Rs 602 million for the quarter ended March 2024, compared to a profit of Rs 322 million a year ago. Net sales rose 36.3% to Rs 4,900 million during the period as against Rs 3,596 million in January-March 2023.

For the year ended March 2023, KIRLOSKAR PNEUMATIC reported 27.9% increase in net profit to Rs 1,086 million compared to net profit of Rs 849 million during FY22. Revenue of the company grew 21.4% to Rs 12,393 million during FY23.

The current Price to earnings ratio of KIRLOSKAR PNEUMATIC, based on rolling 12 month earnings, stands at 69.5.


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