Helping You Build Wealth With Honest Research
Since 1996. Read On...

The Best Asset Allocation for Your Equity Portfolio

INDO FARM EQUIPMENTS LTD. Gains 9%; BSE AUTO Index Down 0.9%
Thu, 6 Feb 16:8

INDO FARM EQUIPMENTS LTD. Gains 9%; BSE AUTO Index Down 0.9%Image source: Ivcandy/www.istockphoto.com

INDO FARM EQUIPMENTS LTD. share price has zoomed 9% and is presently trading at Rs 218.8.

Meanwhile, the BSE AUTO index is at 52,337.4 (down 0.9%).

Among the top gainers in the BSE AUTO index today are Cummins India (up 1.4%) and Motherson Sumi .

Balkrishna Ind (down 2.3%) and Escorts (down 1.4%) are among the top losers today.

Over the last one year, INDO FARM EQUIPMENTS LTD. has moved up from Rs 0.0 to Rs 218.8, registering a gain of Rs 218.8 .

On the other hand, the BSE AUTO index has moved up from 44,811.1 to 52,337.4, registering a gain of 16.8% during the last 12 months.

The top gainers among the BSE AUTO index stocks during this same period were M&M (up 85.0%), Eicher Motor (up 37.6%) and TVS Motors (up 28.2%).

Last Day: Access Our 4 Foundational Stock Recommendation Services at 75% OFF

What About the Benchmark Indices?

The BSE Sensex is at 78,058.2 (down 0.3%).

The top losers among the BSE Sensex today are Bharti Airtel (down 2.3%) and Titan (down 2.2%). The most traded stocks in the BSE Sensex are ZOMATO and SBI.

In the meantime, NSE Nifty is at 23,628.1 (down 0.3%). Trent and Bharat Electronics are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 71,731.4 to 78,058.2, registering a gain of 6,326.7 points (up 8.8%).

INDO FARM EQUIPMENTS LTD. Financial Update...

INDO FARM EQUIPMENTS LTD. net profit fell {profitpercent} YoY to Rs 36 million for the quarter ended September 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 861 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, INDO FARM EQUIPMENTS LTD. reported 1.5% increase in net profit to Rs 156 million compared to net profit of Rs 154 million during FY23. Revenue of the company grew 1.2% to Rs 3,752 million during FY24.


Equitymaster requests your view! Post a comment on "INDO FARM EQUIPMENTS LTD. Gains 9%; BSE AUTO Index Down 0.9%". Click here!