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PATELS AIRTEMP Gains 9%; BSE CAPITAL GOODS Index Up 1.9%
Tue, 4 Feb 10:47

PATELS AIRTEMP Gains 9%; BSE CAPITAL GOODS Index Up 1.9%Image source: phive2015/www.istockphoto.com

PATELS AIRTEMP share price has zoomed 9% and is presently trading at Rs 636.0.

Meanwhile, the BSE CAPITAL GOODS index is at 61,034.3 (up 1.9%).

Among the top gainers in the BSE CAPITAL GOODS index today are BHEL (up 4.3%) and ABB (up 3.3%).

Carborundum Universal (down 1.8%) and V GUARD IND. (down 1.3%) are among the top losers today.

Over the last one year, PATELS AIRTEMP has moved up from Rs 407.3 to Rs 636.0, registering a gain of Rs 228.8 (up 56.2%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 56,054.4 to 61,034.3, registering a gain of 8.9% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 52.7%), Siemens (up 29.9%) and V GUARD IND. (up 28.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 77,456.5 (up 0.3%).

The top gainers among the BSE Sensex today are L&T (up 2.4%) and Tata Motors (up 2.2%). The most traded stocks in the BSE Sensex are ZOMATO and Tata Motors.

In the meantime, NSE Nifty is at 23,459.2 (up 0.4%). Tata Motors and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 71,645.3 to 77,456.5, registering a gain of 5,811.1 points (up 8.1%).

PATELS AIRTEMP Financial Update...

PATELS AIRTEMP net profit fell 5.4% YoY to Rs 31 million for the quarter ended September 2024, compared to a profit of Rs 33 million a year ago. Net sales declined 3.9% to Rs 819 million during the period as against Rs 852 million in July-September 2023.

For the year ended March 2024, PATELS AIRTEMP reported 32.2% increase in net profit to Rs 148 million compared to net profit of Rs 112 million during FY23. Revenue of the company grew 31.7% to Rs 3,708 million during FY24.

The current Price to earnings ratio of PATELS AIRTEMP, based on rolling 12 month earnings, stands at 21.3.


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