HEG share price has plunged 5% and is presently trading at Rs 1,004.
Meanwhile, the BSE CAPITAL GOODS Index is at 19,608 (down 1.2%).
Among the top losers in the BSE CAPITAL GOODS Index today are HEG (down 5.1%) and GRAPHITE INDIA (down 5.1%).
SIEMENS (up 0.7%) and SCHAEFFLER INDIA are among the top gainers today.
Over the last one year, HEG has moved down from Rs 1,063 to Rs 1,004, registering a loss of Rs 59 (down 5.5%)..
The BSE CAPITAL GOODS has moved up from 17,360 to 19,608, registering a gain of 2,248 points (up 12.9%) during the last 12 months.
The top buzzing stocks among the BSE CAPITAL GOODS Index stocks during this same period were HAVELLS INDIA (up 50.5%), HONEYWELL AUTOMATION (up 44.8%) and LAKSHMI MACHINE (up 33.8%).
Get Details: These 3 Stocks are the Dark Horses of the Stock Market
The BSE Sensex is at 49,122 (down 1.2%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 2.1%), TITAN (up 1.5%) and HDFC BANK (up 1.0%). Other gainer include ITC (up 0.3%). The most traded stocks in the BSE Sensex are ITC and RELIANCE IND..
In the meantime, NSE Nifty is at 14,459 (down 1.4%). UPL (up 6.2%) and RELIANCE IND. (up 1.8%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 41,953 to 49,122, registering a gain of 7,169 points (up 15.51%).
HEG net profit stood at Rs 108 million for the quarter ended June 2020, compared to a profit of Rs 59 million a year ago. Net Sales declined 40.7% to Rs 2.3 billion during the period as against Rs 3.9 billion in April-June 2019.
For the year ended March 2019, HEG reported 182.1% increase in net profit to Rs 30.5 billion compared to net profit of Rs 10.8 billion during FY18.
Revenue of the company grew 139.0% to Rs 66 billion during FY19.
The current Price to earnings ratio of HEG, based on rolling 12 month earnings, stands at down 21.5x. p >
What else is happening in the markets today? Dig in...
CANARA BANK share price is trading up by 5% and its current market price is Rs 167. The BSE BANKEX is up by 1.7%. The top gainers in the BSE BANKEX Index is CANARA BANK (up 5.0%).
ADANI GAS share price is trading up by 10% and its current market price is Rs 637. The BSE 500 is up by 1.1%. The top gainers in the BSE 500 Index are ADANI GAS (up 10.2%) and GUJ. STATE PETRONET (up 11.8%). The top losers are P&G HYGIENE and BIOCON .
VA TECH WABAG share price is trading up by 7% and its current market price is Rs 292. The BSE CAPITAL GOODS is up by 0.7%. The top gainers in the BSE CAPITAL GOODS Index are VA TECH WABAG (up 6.8%) and HEG (up 6.7%). The top losers are SADBHAV ENGINEERING (down 0.1%) and CARBORUNDUM UNIVERSAL (down 0.5%).
JINDAL STAINLESS share price is trading up by 13% and its current market price is Rs 80. The BSE METAL is up by 3.0%. The top gainers in the BSE METAL Index are JINDAL STAINLESS (up 12.8%) and TATA STEEL (up 5.2%).
HEG share price is trading up by 7% and its current market price is Rs 1,550. The BSE CAPITAL GOODS is up by 0.8%. The top gainers in the BSE CAPITAL GOODS Index are HEG (up 7.4%) and GRAPHITE INDIA (up 5.7%). The top losers are SADBHAV ENGINEERING (down 0.1%) and CARBORUNDUM UNIVERSAL (down 0.5%).
Asian share markets edged higher today as investors shrugged off concerns that stocks may have rallied too far too fast in the past year.
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