SADBHAV ENGINEERING Surges by 7%; BSE CAPITAL GOODS Index Up 0.3%
May 28, 2019 09:30 AM

SADBHAV ENGINEERING share price has zoomed 7% and is presently trading at Rs 270.

Meanwhile, the BSE CAPITAL GOODS Index is at 20,341 (up 0.3%).

Among the top Gainers in the BSE CAPITAL GOODS Index today are SADBHAV ENGINEERING (up 7.3%) and FINOLEX CABLES (up 6.0%).

SUZLON ENERGY (down 0.5%) is among the top loser today.

Over the last one year, SADBHAV ENGINEERING has moved down from Rs 356 to Rs 270, registering a loss of Rs 85 (down 24.7%).

On the other hand, the BSE CAPITAL GOODS has moved up from 19,070 to 20,341, registering a gain of 1,271 points (up 6.7%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were ABB INDIA (up 34.7%), HAVELLS IND (up 33.1%) and SIEMENS (up 18.3%).

What About the Benchmark Indices?

The BSE Sensex is at 39,766 (up 0.2%).

The top gainers among the BSE Sensex stocks today are YES BANK (up 1.4%), TATA MOTORS DVR (up 1.1%) and M&M (up 0.8%). Other gainers include POWER GRID (up 0.8%) and HUL (up 0.6%). The most traded stocks in the BSE Sensex are TATA STEEL and L&T.

In the meantime, NSE Nifty is at 11,959 (up 0.2%). ADANI PORTS & SEZ (up 2.9%) and VEDANTA LTD (up 2.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,165 to 39,766, registering a gain of 4,601 points (up 13.1%).

SADBHAV ENGINEERING Financial Update...

SADBHAV ENGINEERING net profit down at Rs 563 million for the quarter ended December 2018, compared to a loss of Rs 618 million a year ago. Net Sales declined 1.0% to Rs 9.3 billion during the period as against Rs 9.4 billion in October-December 2017.

For the year ended March 2018, SADBHAV ENGINEERING reported 33.6% decrease in net profit to Rs 1.1 billion compared to net profit of Rs 1.7 billion during FY17.

Revenue of the company grew 10.6% to Rs 50 billion during FY18.

The current Price to earnings ratio of SADBHAV ENGINEERING, based on rolling 12 month earnings, stands at 20.2x.