HONEYWELL AUTOMATION at All Time High; BSE CAPITAL GOODS Index Up 1.4%
February 5, 2020 12:16 PM

HONEYWELL AUTOMATION share price has hit an all-time high at Rs 35,320 (up 4.8%).

Meanwhile, the BSE CAPITAL GOODS Index is at 17,230 (up 1.4%).

Among the top gainers in the BSE CAPITAL GOODS Index today are HONEYWELL AUTOMATION (up 4.8%) and SCHAEFFLER INDIA LTD (up 2.4%).

CARBORUNDUM UNIVERSAL (down 0.3%) and AIA ENGINEERING (down 0.3%) are among the top losers today.

Over the last one year, HONEYWELL AUTOMATION has moved up from Rs 21,314 to Rs 35,320, registering a gain of Rs 14,006 (up 61.1%).

The BSE CAPITAL GOODS has moved down from 17,261 to 17,230, loss of 31 points (down 1.0%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HONEYWELL AUTOMATION (up 61.1%), SIEMENS (up 45.3%) and SOLAR INDUSTRIES (up 29.4%).

What About the Benchmark Indices?

The BSE Sensex is at 41,024 . The top gainers among the BSE Sensex stocks today are L&T (up 1.6%), BHARTI AIRTEL (up 1.4%) and HCL TECHNOLOGIES (up 1.2%). Other gainers include TATA STEEL (up 1.0%) and TCS (up 1.0%). The most traded stocks in the BSE Sensex are ICICI BANK and BHARTI AIRTEL.

In the meantime, NSE Nifty is at 12,050 . The top gainers in the NSE Nifty include YES BANK (up 8.4%), TATA MOTORS (up 6.1%) and BPCL (up 2.5%). Other gainers include BHARTI INFRATEL (up 2.2%) and UPL (up 2.0%).

Over the last 12 months, the BSE Sensex has moved up from 36,583 to 41,024, registering a gain of 4,441 points (up 11.5%).

HONEYWELL AUTOMATION Financial Update...

HONEYWELL AUTOMATION net profit stood at Rs 1 billion for the quarter ended December 2019, compared to a profit of Rs 856 million a year ago. Net Sales rose 11.0% to Rs 9.0 billion during the period as against Rs 8.1 billion in October-December 2018.

For the year ended March 2019, HONEYWELL AUTOMATION reported 43.7% increase in net profit to Rs 3.6 billion compared to net profit of Rs 2.5 billion during FY18.

Revenue of the company grew 17.7% to Rs 32 billion during FY19.

The current Price to earnings ratio of HONEYWELL AUTOMATION, based on rolling 12 month earnings, stands at 65.5x.