KENNAMETAL INDIA Plunges 7%; BSE CAPITAL GOODS Index Down 0.1%
Fri, 7 Feb 9:38
Image source: Sakorn BernardaSv/www.istockphoto.comKENNAMETAL INDIA share price has plunged 7% and is presently trading at Rs 2,200.0.
Meanwhile, the BSE CAPITAL GOODS index is at 61,475.1 (down 0.1%).
Among the top losers in the BSE CAPITAL GOODS index today are SCHAEFFLER INDIA (down 1.1%) and TIMKEN INDIA (down 1.1%).
HINDUSTAN AERO. (up 1.2%) and Lakshmi Machine (up 0.6%) are among the top gainers today.
Over the last one year, KENNAMETAL INDIA has moved down from Rs 2,501.2 to Rs 2,200.0, registering a loss of Rs 301.2 (down 12.0%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 55,590.9 to 61,475.1, registering a gain of 10.6% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 55.1%), Siemens (up 36.2%) and ABB (up 30.3%).
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What About the Benchmark Indices?
The BSE Sensex is at 78,027.0 .
The top losers among the BSE Sensex today are Power Grid Corp. (down 3.1%) and ITC (down 1.4%). The most traded stocks in the BSE Sensex are ZOMATO and Tata Steel.
In the meantime, NSE Nifty is at 23,593.4 . ONGC and Power Grid Corp. are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 71,731.4 to 78,027.0, registering a gain of 6,295.5 points (up 8.8%).
KENNAMETAL INDIA Financial Update...
KENNAMETAL INDIA net profit fell 10.8% YoY to Rs 222 million for the quarter ended December 2024, compared to a profit of Rs 249 million a year ago. Net sales rose 6.0% to Rs 2,870 million during the period as against Rs 2,708 million in October-December 2023.
For the year ended June 2024, KENNAMETAL INDIA reported 26.0% increase in net profit to Rs 1,105 million compared to net profit of Rs 877 million during FY23. Revenue of the company grew 2.1% to Rs 10,999 million during FY24.
The current Price to earnings ratio of KENNAMETAL INDIA, based on rolling 12 month earnings, stands at 41.8.
Indian Share Market Update: Top Gainers and Losers
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