ENGINEERS INDIA Share Price Up by 5%; BSE CAPITAL GOODS Index Up 0.7%
June 22, 2020 11:57 AM

ENGINEERS INDIA share price has zoomed 5% and is presently trading at Rs 72.

Meanwhile, the BSE CAPITAL GOODS Index is at 12,797 (up 0.7%).

Among the top Gainers in the BSE CAPITAL GOODS Index today are ENGINEERS INDIA (up 5.3%) and FINOLEX CABLES (up 10.5%).

THERMAX (down 0.6%) and AIA ENGINEERING (down 0.7%) are among the top losers today.

Over the last one year, ENGINEERS INDIA has moved down from Rs 113 to Rs 72, registering a loss of Rs 41 (down 37.1%).

On the other hand, the BSE CAPITAL GOODS has moved down from 19,269 to 12,797, loss of 6,472 points (down 34.3%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HONEYWELL AUTOMATION (up 15.7%) and HINDUSTAN AERONAUTICS (up 5.7%).

What About the Benchmark Indices?

The BSE Sensex is at 35,211 (up 0.5%).

The top gainers among the BSE Sensex stocks today are BAJAJ AUTO (up 5.6%), BAJAJ FINANCE (up 3.5%) and AXIS BANK (up 2.6%). Other gainers include HERO MOTOCORP (up 2.3%) and INDUSIND BANK (up 2.2%). The most traded stocks in the BSE Sensex are SBI and RELIANCE IND..

In the meantime, NSE Nifty is at 10,386 (up 0.5%). The top gainers in the NSE Nifty include BAJAJ AUTO (up 5.8%), BAJAJ FINSERV (up 4.6%) and CIPLA (up 4.5%). Other gainers include BAJAJ FINANCE (up 3.4%) and COAL INDIA (up 3.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 39,113 to 35,211, registering a loss of 3,902 points (down 10.78%).

ENGINEERS INDIA Financial Update...

ENGINEERS INDIA net profit stood at Rs 1 billion for the quarter ended December 2019, compared to a profit of Rs 908 million a year ago. Net Sales rose 54.4% to Rs 8.9 billion during the period as against Rs 5.8 billion in October-December 2018.

For the year ended March 2019, ENGINEERS INDIA reported 2.7% decrease in net profit to Rs 3.7 billion compared to net profit of Rs 3.8 billion during FY18.

Revenue of the company grew 35.7% to Rs 25 billion during FY19.

The current Price to earnings ratio of ENGINEERS INDIA, based on rolling 12 month earnings, stands at 11.4x.