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LAXMI AUTOLM Gains 7%; BSE CAPITAL GOODS Index Down 0.3%
Thu, 27 Jun 11:4

LAXMI AUTOLM Gains 7%; BSE CAPITAL GOODS Index Down 0.3%Image source: Kameleon007 /www.istockphoto.com

LAXMI AUTOLM share price has zoomed 7% and is presently trading at Rs 2,120.0.

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, LAXMI AUTOLM has moved up from Rs 1,105.1 to Rs 2,120.0, registering a gain of Rs 1,015.0 (up 91.8%).

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%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

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%).

LAXMI AUTOLM Financial Update...

LAXMI AUTOLM net profit fell 10.2% YoY to Rs 4 million for the quarter ended March 2024, compared to a profit of Rs 5 million a year ago. Net sales declined 3.5% to Rs 33 million during the period as against Rs 34 million in January-March 2023.

For the year ended March 2023, LAXMI AUTOLM reported 18.2% decrease in net profit to Rs 21 million compared to net profit of Rs 26 million during FY22. Revenue of the company grew 7.5% to Rs 127 million during FY23.

The current Price to earnings ratio of LAXMI AUTOLM, based on rolling 12 month earnings, stands at 61.4.


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