L&T at All Time High; BSE CAPITAL GOODS Index Up 1.0%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Markets will remain closed on 6th April, 2020 on account of Mahavir Jayanti.

L&T at All Time High; BSE CAPITAL GOODS Index Up 1.0%
Wed, 22 May 12:02 PM

L&T share price has hit an all-time high at Rs 1,472 (up 1.5%).

Meanwhile, the BSE CAPITAL GOODS Index is at 18,824 (up 1.0%).

Among the top gainers in the BSE CAPITAL GOODS Index today are L&T (up 1.5%) and SKF INDIA (up 1.5%).

NBCC (INDIA) LTD (down 0.5%) and LAKSHMI MACHINE (down 0.9%) are among the top losers today.

Over the last one year, L&T has moved up from Rs 1,314 to Rs 1,472, registering a gain of Rs 158 (up 11.9%).

The BSE CAPITAL GOODS has moved up from 18,293 to 18,824, registering a gain of 531 points (up 2.8%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HAVELLS IND (up 45.2%), ABB INDIA (up 17.3%) and SIEMENS (up 13.3%).

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 39,197 (up 0.2%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 2.5%), TATA MOTORS DVR (up 1.6%) and L&T (up 1.5%). Other gainers include ICICI BANK (up 1.4%) and BAJAJ AUTO (up 1.3%). The most traded stocks in the BSE Sensex are TATA MOTORS and SUN PHARMA.

In the meantime, NSE Nifty is at 11,761 (up 0.1%). The top gainers in the NSE Nifty include SUN PHARMA (up 2.4%), BPCL (up 2.1%) and ICICI BANK (up 1.7%). Other gainers include BAJAJ AUTO (up 1.4%) and HDFC (up 1.4%).

Over the last 12 months, the BSE Sensex has moved up from 34,616 to 39,197, registering a gain of 4,581 points (up 12.8%).

L&T Financial Update...

L&T net profit stood at Rs 39 billion for the quarter ended March 2019, compared to a profit of Rs 24 billion a year ago. Net Sales rose 25.8% to Rs 449.3 billion during the period as against Rs 357.1 billion in January-March 2018.

For the year ended March 2018, L&T reported 23.0% increase in net profit to Rs 83.2 billion compared to net profit of Rs 67.6 billion during FY17.

Revenue of the company grew 9.0% to Rs 1,199 billion during FY18.

The current Price to earnings ratio of L&T, based on rolling 12 month earnings, stands at 20.3x.



What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "L&T at All Time High; BSE CAPITAL GOODS Index Up 1.0%". Click here!

  

Stock Market Updates

Sensex Ends 674 Points Lower; Banking and Finance Stocks Witness Selling (Today's Market)

Apr 3, 2020 Closing

Indian share markets witnessed selling pressure throughout the day and ended lower. Investors were worried about the economic impact and uncertainty over the coronavirus pandemic.

NOCIL Plunges by 5%; BSE 500 Index Down 1.8% (Today's Market)

Apr 3, 2020 03:33 PM

NOCIL share price has plunged by 5% and its current market price is Rs 68. The BSE 500 is down by 1.8%. The top gainers in the BSE 500 Index are GUJARAT ALKALIES (up 13.9%) and LUPIN (up 13.4%). The top losers are NOCIL (down 5.2%) and 3M INDIA (down 5.0%).

INDIAN ENERGY EXCHANGE LTD Surges by 5%; BSE POWER Index Down 0.3% (Today's Market)

Apr 3, 2020 03:31 PM

INDIAN ENERGY EXCHANGE LTD share price has surged by 5% and its current market price is Rs 137. The BSE POWER is down by 0.3%. The top gainers in the BSE POWER Index are INDIAN ENERGY EXCHANGE LTD (up 5.4%) and RELIANCE INFRA (up 5.0%). The top losers are KALPATARU POWER (down 0.1%) and TORRENT POWER LTD (down 0.3%).

LIC HOUSING Plunges by 5%; BSE 500 Index Down 1.8% (Today's Market)

Apr 3, 2020 03:27 PM

LIC HOUSING share price has plunged by 5% and its current market price is Rs 234. The BSE 500 is down by 1.8%. The top gainers in the BSE 500 Index are LUPIN (up 14.0%) and RAJESH EXPORTS (up 11.7%). The top losers are LIC HOUSING (down 5.2%) and MARUTI SUZUKI (down 5.4%).

AJANTA PHARMA Plunges by 5%; BSE HEALTHCARE Index Up 3.5% (Today's Market)

Apr 3, 2020 03:27 PM

AJANTA PHARMA share price has plunged by 5% and its current market price is Rs 1,414. The BSE HEALTHCARE is up by 3.5%. The top gainers in the BSE HEALTHCARE Index are LUPIN (up 14.0%) and SUN PHARMA (up 9.4%). The top losers are AJANTA PHARMA (down 5.1%) and STRIDES PHARMA SCIENCE (down 5.3%).

PERSISTENT SYSTEMS Plunges by 7%; BSE IT Index Down 2.7% (Today's Market)

Apr 3, 2020 03:25 PM

PERSISTENT SYSTEMS share price has plunged by 7% and its current market price is Rs 545. The BSE IT is down by 2.7%. The top gainers in the BSE IT Index are ORACLE FINANCIAL (up 5.0%) and ECLERX SERVICES (up 3.0%). The top losers are PERSISTENT SYSTEMS (down 7.0%) and L&T TECHONOLOGY (down 6.0%).

View More Indian Share Market News

Most Popular

Sorry Warren Buffett, I'm Following This Man Instead of You in 2020(The 5 Minute Wrapup)

Mar 30, 2020

This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

The Biggest Trading Opportunity of 2020 is Here...

Mar 26, 2020

India's #1 trader, Vijay Bhambwani, talks about a hugely profitable trading opportunity which you must know about today!

Coronavirus Sell-off Is a Perfect Time to 'Lockdown' this 'Crorepati' Stock(Profit Hunter)

Mar 24, 2020

Coronavirus crisis and panic selling has brought this quality smallcap to multiyear lows, making it a great bargain.

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

One Stock that is All Charged Up for the Post Coronavirus Rebound(The 5 Minute Wrapup)

Apr 1, 2020

A stock with strong moat is currently trading near 5-year lows.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Apr 3, 2020 (Close)

MARKET STATS