Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

VASCON ENGINEERS Gains 5%; BSE CAPITAL GOODS Index Down 0.4%
Thu, 7 Nov 14:28

VASCON ENGINEERS Gains 5%; BSE CAPITAL GOODS Index Down 0.4%Image source: Chunumunu/www.istockphoto.com

VASCON ENGINEERS share price has zoomed 5% and is presently trading at Rs 59.8.

Meanwhile, the BSE CAPITAL GOODS index is at 70,220.0 (down 0.4%).

Among the top gainers in the BSE CAPITAL GOODS index today are HINDUSTAN AERO. (up 1.1%) and Finolex Cables (up 0.6%).

ADANI GREEN ENERGY (down 3.5%) and ABB (down 2.5%) are among the top losers today.

Over the last one year, VASCON ENGINEERS has moved down from Rs 81.4 to Rs 59.8, registering a loss of Rs 21.6 (down 26.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,002.7 to 70,220.0, registering a gain of 49.4% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 129.9%), Bharat Electronics (up 117.6%) and Siemens (up 109.6%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,532.8 (down 1.1%).

The top losers among the BSE Sensex today are Tech Mahindra (down 2.6%) and Tata Motors (down 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,188.8 (down 1.2%). Hindalco and Trent are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 79,532.8, registering a gain of 14,574.2 points (up 22.4%).

VASCON ENGINEERS Financial Update...

VASCON ENGINEERS net profit grew 117.2% YoY to Rs 78 million for the quarter ended September 2024, compared to a profit of Rs 36 million a year ago. Net sales rose 25.5% to Rs 1,998 million during the period as against Rs 1,592 million in July-September 2023.

For the year ended March 2024, VASCON ENGINEERS reported 31.7% decrease in net profit to Rs 679 million compared to net profit of Rs 994 million during FY23. Revenue of the company grew 3.3% to Rs 10,529 million during FY24.

The current Price to earnings ratio of VASCON ENGINEERS, based on rolling 12 month earnings, stands at 25.0.


Equitymaster requests your view! Post a comment on "VASCON ENGINEERS Gains 5%; BSE CAPITAL GOODS Index Down 0.4%". Click here!