KEC INTERNATIONAL share price has zoomed 6% and is presently trading at Rs 953.0.
Meanwhile, the BSE CAPITAL GOODS index is at 73,356.7 (up 0.4%).
Among the top gainers in the BSE CAPITAL GOODS index today are Carborundum Universal (up 2.8%) and V GUARD IND. (up 2.7%).
SCHAEFFLER INDIA (down 1.0%) and ADANI GREEN ENERGY (down 0.2%) are among the top losers today.
Over the last one year, KEC INTERNATIONAL has moved up from Rs 558.1 to Rs 953.0, registering a gain of Rs 394.9 (up 70.8%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 40,540.3 to 73,356.7, registering a gain of 80.9% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 238.3%), HINDUSTAN AERO. (up 185.1%) and Bharat Electronics (up 149.3%).
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The BSE Sensex is at 80,039.7 (up 0.8%).
The top gainers among the BSE Sensex today are HDFC Bank (up 2.9%) and ICICI Bank (up 1.9%). The most traded stocks in the BSE Sensex are HDFC Bank and SBI.
In the meantime, NSE Nifty is at 24,299.7 (up 0.7%). HDFC Bank and Axis Bank are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,205.1 to 80,039.7, registering a gain of 14,834.7 points (up 22.8%).
KEC INTERNATIONAL net profit grew 110.3% YoY to Rs 1,518 million for the quarter ended March 2024, compared to a profit of Rs 722 million a year ago. Net sales rose 11.6% to Rs 61,648 million during the period as against Rs 55,250 million in January-March 2023.
For the year ended March 2023, KEC INTERNATIONAL reported 47.0% decrease in net profit to Rs 1,760 million compared to net profit of Rs 3,321 million during FY22. Revenue of the company grew 25.8% to Rs 172,817 million during FY23.
The current Price to earnings ratio of KEC INTERNATIONAL, based on rolling 12 month earnings, stands at 70.7.
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