SADBHAV ENGINEERING Plunges by 6%; BSE CAPITAL GOODS Index Up 0.5%
June 28, 2019 09:30 AM

SADBHAV ENGINEERING share price has plunged 6% and is presently trading at Rs 249.

Meanwhile, the BSE CAPITAL GOODS Index is at 19,937 (up 0.5%).

Among the top losers in the BSE CAPITAL GOODS Index today is SADBHAV ENGINEERING (down 6.2%).

HAVELLS IND (up 1.2%) and GRAPHITE INDIA (up 0.9%) are among the top gainers today.

Over the last one year, SADBHAV ENGINEERING has moved down from Rs 283 to Rs 249, registering a loss of Rs 34 (down 12.2%)..

The BSE CAPITAL GOODS has moved up from 17,095 to 19,937, registering a gain of 2,842 points (up 16.6%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HAVELLS IND (up 50.0%), ABB INDIA (up 34.5%) and HONEYWELL AUTOMATION (up 33.6%).

What About the Benchmark Indices?

The BSE Sensex is at 39,675 (up 0.1%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 1.5%). The most traded stocks in the BSE Sensex are TATA MOTORS and SUN PHARMA.

In the meantime, NSE Nifty is at 11,872 (up 0.2%). ADANI PORTS & SEZ (up 1.6%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,217 to 39,675, registering a gain of 4,458 points (up 12.5%).

SADBHAV ENGINEERING Financial Update...

SADBHAV ENGINEERING net profit down at Rs 289 million for the quarter ended March 2019, compared to a loss of Rs 563 million a year ago. Net Sales rose 10.4% to Rs 10.2 billion during the period as against Rs 9.3 billion in January-March 2018.

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 21.8x.