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JASH ENGINEERING Gains 5%; BSE CAPITAL GOODS Index Up 1.3%
Tue, 19 Nov 10:0

JASH ENGINEERING Gains 5%; BSE CAPITAL GOODS Index Up 1.3%Image source: StarLineArts/www.istockphoto.com

JASH ENGINEERING share price has zoomed 5% and is presently trading at Rs 525.8.

Meanwhile, the BSE CAPITAL GOODS index is at 66,918.7 (up 1.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are GMR Infra (up 3.4%) and BHEL (up 3.2%).

Thermax (down 3.2%) and ADANI GREEN ENERGY (down 0.6%) are among the top losers today.

Over the last one year, JASH ENGINEERING has moved up from Rs 265.7 to Rs 525.8, registering a gain of Rs 260.1 (up 97.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,474.9 to 66,918.7, registering a gain of 38.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 97.4%), HINDUSTAN AERO. (up 96.7%) and Siemens (up 90.9%).

For Investors: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 78,042.6 (up 0.9%).

The top gainers among the BSE Sensex today are M&M (up 3.2%) and MUNDRA PORT & SEZ (up 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 23,684.9 (up 1.0%). Trent and M&M are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 78,042.6, registering a gain of 12,366.7 points (up 18.8%).

JASH ENGINEERING Financial Update...

JASH ENGINEERING net profit grew 89.6% YoY to Rs 162 million for the quarter ended September 2024, compared to a profit of Rs 85 million a year ago. Net sales rose 46.7% to Rs 1,396 million during the period as against Rs 951 million in July-September 2023.

For the year ended March 2024, JASH ENGINEERING reported 29.1% increase in net profit to Rs 668 million compared to net profit of Rs 517 million during FY23. Revenue of the company grew 28.3% to Rs 5,157 million during FY24.

The current Price to earnings ratio of JASH ENGINEERING, based on rolling 12 month earnings, stands at 42.2.


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