VA TECH WABAG share price has zoomed 4% and is presently trading at Rs 1,753.8.
Meanwhile, the BSE CAPITAL GOODS index is at 70,167.4 (down 0.2%).
Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 10.0%) and Graphite India (up 4.5%).
ABB (down 1.4%) and Honeywell Automation (down 1.0%) are among the top losers today.
Over the last one year, VA TECH WABAG has moved up from Rs 602.1 to Rs 1,753.8, registering a gain of Rs 1,151.7 (up 191.3%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 48,868.6 to 70,167.4, registering a gain of 43.6% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 116.4%), Siemens (up 104.3%) and HINDUSTAN AERO. (up 94.7%).
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The BSE Sensex is at 79,043.7 (down 1.5%).
The top losers among the BSE Sensex today are M&M (down 3.4%) and Infosys (down 3.3%). The most traded stocks in the BSE Sensex are MUNDRA PORT & SEZ and Tata Steel.
In the meantime, NSE Nifty is at 23,957.5 (down 1.3%). SBI LIFE INSURANCE and HDFC LIFE INSURANCE are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,043.7, registering a gain of 12,869.5 points (up 19.4%).
VA TECH WABAG net profit grew 8.7% YoY to Rs 650 million for the quarter ended September 2024, compared to a profit of Rs 598 million a year ago. Net sales rose 5.3% to Rs 7,003 million during the period as against Rs 6,650 million in July-September 2023.
For the year ended March 2024, VA TECH WABAG reported 2176.4% increase in net profit to Rs 2,504 million compared to net profit of Rs 110 million during FY23. Revenue of the company fell 3.5% to Rs 28,564 million during FY24.
The current Price to earnings ratio of VA TECH WABAG, based on rolling 12 month earnings, stands at 41.5.
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