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Schneider Electric Infra Gains 4%; BSE CAPITAL GOODS Index Up 1.3%
Wed, 6 Nov 10:8

Schneider Electric Infra Gains 4%; BSE CAPITAL GOODS Index Up 1.3%Image source: phive2015/www.istockphoto.com

Schneider Electric Infra share price has zoomed 4% and is presently trading at Rs 802.0.

Meanwhile, the BSE CAPITAL GOODS index is at 69,522.5 (up 1.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are BHEL (up 3.5%) and Bharat Electronics (up 2.3%).

AIA Engineering (down 1.6%) and TIMKEN INDIA (down 1.5%) are among the top losers today.

Over the last one year, Schneider Electric Infra has moved up from Rs 338.1 to Rs 802.0, registering a gain of Rs 464.0 (up 137.2%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,002.7 to 69,522.5, registering a gain of 47.9% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 124.4%), Bharat Electronics (up 112.7%) and Siemens (up 110.4%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,028.2 (up 0.7%).

The top gainers among the BSE Sensex today are Infosys (up 3.1%) and HCl Tech. (up 3.0%). The most traded stocks in the BSE Sensex are ITC and Infosys.

In the meantime, NSE Nifty is at 24,401.2 (up 0.8%). Trent and HCl Tech. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 80,028.2, registering a gain of 15,069.5 points (up 23.2%).

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 103.3.


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