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Schneider Electric Infra Plunges 4%; BSE CAPITAL GOODS Index Down 2.1%
Mon, 4 Nov 13:16

Schneider Electric Infra Plunges 4%; BSE CAPITAL GOODS Index Down 2.1%Image source: bluebay2014/www.istockphoto.com

Schneider Electric Infra share price has plunged 4% and is presently trading at Rs 758.6.

Meanwhile, the BSE CAPITAL GOODS index is at 68,272.0 (down 2.1%).

Among the top losers in the BSE CAPITAL GOODS index today are BHEL (down 4.2%) and GMR Infra (down 4.1%).

V GUARD IND. (up 2.7%) and TIMKEN INDIA (up 2.3%) are among the top gainers today.

Over the last one year, Schneider Electric Infra has moved up from Rs 320.8 to Rs 758.6, registering a gain of Rs 437.8 (up 136.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 45,784.4 to 68,272.0, registering a gain of 49.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 131.9%), Bharat Electronics (up 112.0%) and Siemens (up 107.6%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 78,469.4 (down 1.7%).

The top losers among the BSE Sensex today are Bajaj Finserv (down 3.9%) and MUNDRA PORT & SEZ (down 3.7%). The most traded stocks in the BSE Sensex are ICICI Bank and Tata Steel.

In the meantime, NSE Nifty is at 23,905.7 (down 1.6%). Hero Motocorp and Bajaj Auto are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,874.9 to 78,469.4, registering a gain of 14,594.5 points (up 22.8%).

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 97.7.


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