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SCHLAFHORST ENG. Plunges 6%; BSE CAPITAL GOODS Index Down 2.2%
Thu, 18 Jul 12:0

SCHLAFHORST ENG. Plunges 6%; BSE CAPITAL GOODS Index Down 2.2%Image source: phive2015/www.istockphoto.com

SCHLAFHORST ENG. share price has plunged 6% and is presently trading at Rs 251.0.

Meanwhile, the BSE CAPITAL GOODS index is at 72,834.1 (down 2.2%).

Among the top losers in the BSE CAPITAL GOODS index today are ABB (down 5.4%) and HINDUSTAN AERO. (down 5.3%).

SCHAEFFLER INDIA (up 0.5%) and TIMKEN INDIA (up 0.1%) are among the top gainers today.

Over the last one year, SCHLAFHORST ENG. has moved up from Rs 239.6 to Rs 251.0, registering a gain of Rs 11.4 (up 4.8%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 41,426.7 to 72,834.1, 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 232.5%), HINDUSTAN AERO. (up 164.4%) and Bharat Electronics (up 147.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,547.2 (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 80,547.2, registering a gain of 13,957.2 points (up 21.0%).

SCHLAFHORST ENG. Financial Update...

SCHLAFHORST ENG. net profit fell 29.7% YoY to Rs 29 million for the quarter ended June 2024, compared to a profit of Rs 42 million a year ago. Net sales declined 7.6% to Rs 353 million during the period as against Rs 382 million in April-June 2023.

For the year ended March 2024, SCHLAFHORST ENG. reported 20.2% decrease in net profit to Rs 145 million compared to net profit of Rs 182 million during FY23. Revenue of the company grew 10.3% to Rs 1,468 million during FY24.

The current Price to earnings ratio of SCHLAFHORST ENG., based on rolling 12 month earnings, stands at 65.0.


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