HONEYWELL AUTOMATION at All Time High; BSE CAPITAL GOODS Index Up 0.4%
April 15, 2019 09:24 AM

HONEYWELL AUTOMATION share price has hit an all-time high at Rs 24,900 (up 4.1%).

Meanwhile, the BSE CAPITAL GOODS Index is at 18,461 (up 0.4%).

Among the top gainers in the BSE CAPITAL GOODS Index today are HONEYWELL AUTOMATION (up 4.1%) and HEG (up 0.9%).

GE T&D INDIA and AIA ENGINEERING (down 0.2%) are among the top losers today.

Over the last one year, HONEYWELL AUTOMATION has moved up from Rs 19,072 to Rs 24,900, registering a gain of Rs 5,828 (up 30.6%).

The BSE CAPITAL GOODS has moved down from 19,199 to 18,461, loss of 738 points (down 3.9%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HAVELLS IND (up 35.6%), AIA ENGINEERING (up 24.8%) and ABB INDIA (up 13.1%).

What About the Benchmark Indices?

The BSE Sensex is at 38,851 (up 0.2%). The top gainers among the BSE Sensex stocks today are TATA MOTORS (up 3.1%), TCS (up 2.8%) and COAL INDIA (up 2.2%). Other gainers include TATA MOTORS DVR (up 2.1%) and ITC (up 1.1%). The most traded stocks in the BSE Sensex are TATA MOTORS and ITC.

In the meantime, NSE Nifty is at 11,670 (up 0.2%). The top gainers in the NSE Nifty include TCS (up 3.1%), COAL INDIA (up 2.8%) and TATA MOTORS (up 2.6%). Other gainers include TECH MAHINDRA (up 1.6%) and HINDALCO (up 1.5%).

Over the last 12 months, the BSE Sensex has moved up from 34,101 to 38,851, registering a gain of 4,750 points (up 13.9%).

HONEYWELL AUTOMATION Financial Update...

HONEYWELL AUTOMATION net profit stood at Rs 856 million for the quarter ended December 2018, compared to a profit of Rs 623 million a year ago. Net Sales rose 12.5% to Rs 8.1 billion during the period as against Rs 7.2 billion in October-December 2017.

For the year ended March 2018, HONEYWELL AUTOMATION reported 47.4% increase in net profit to Rs 2.5 billion compared to net profit of Rs 1.7 billion during FY17.

Revenue of the company grew 10.4% to Rs 27 billion during FY18.

The current Price to earnings ratio of HONEYWELL AUTOMATION, based on rolling 12 month earnings, stands at 66.1x.