KIRLOSKAR BROS. share price has zoomed 6% and is presently trading at Rs 2,295.2.
Meanwhile, the BSE CAPITAL GOODS index is at 72,808.7 (down 2.2%).
Among the top gainers in the BSE CAPITAL GOODS index today are SCHAEFFLER INDIA (up 0.5%) and TIMKEN INDIA (up 0.2%).
ABB (down 5.5%) and HINDUSTAN AERO. (down 5.4%) are among the top losers today.
Over the last one year, KIRLOSKAR BROS. has moved up from Rs 716.7 to Rs 2,295.2, registering a gain of Rs 1,578.5 (up 220.3%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 41,426.7 to 72,808.7, registering a gain of 75.8% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 232.2%), HINDUSTAN AERO. (up 164.2%) and Bharat Electronics (up 147.5%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 80,538.4 (down 0.2%).
The top losers among the BSE Sensex today are Asian Paints (down 1.8%) and NTPC (down 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.
In the meantime, NSE Nifty is at 24,545.1 (down 0.3%). Bajaj Auto and Hero Motocorp are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,589.9 to 80,538.4, registering a gain of 13,948.5 points (up 20.9%).
KIRLOSKAR BROS. net profit grew 57.3% YoY to Rs 1,427 million for the quarter ended March 2024, compared to a profit of Rs 907 million a year ago. Net sales rose 8.8% to Rs 12,238 million during the period as against Rs 11,246 million in January-March 2023.
For the year ended March 2024, KIRLOSKAR BROS. reported 50.9% increase in net profit to Rs 3,395 million compared to net profit of Rs 2,251 million during FY23. Revenue of the company grew 7.3% to Rs 40,012 million during FY24.
The current Price to earnings ratio of KIRLOSKAR BROS., based on rolling 12 month earnings, stands at 53.7.
Equitymaster requests your view! Post a comment on "KIRLOSKAR BROS. Gains 6%; BSE CAPITAL GOODS Index Down 2.2%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!