HEG LTD at All Time High; BSE CAPITAL GOODS Index Up 0.8%
July 18, 2018 09:25 AM

HEG LTD share price has hit an all-time high at Rs 4,040 (up 3.24%).

Meanwhile, the BSE CAPITAL GOODS Index is at 17,874 (up 0.84%).

Among the top gainers in the BSE CAPITAL GOODS Index today are HEG LTD (up 3.24%) and LAKSHMI MACHINE (up 0.87%)

RELIANCE NAVAL & ENGINEERING LTD (down 0.98%) and SCHAEFFLER INDIA LTD (down 1.88%) are among the top losers today.

Over the last one year, HEG LTD has moved up from Rs 395 to Rs 4,040, registering a gain of Rs 3,645 (up 919.00%).

The BSE CAPITAL GOODS has moved up from 17,628 to 17,874, registering a gain of 246 points (up 1.21%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were GRAPHITE INDIA (up 483.80%), LAKSHMI MACHINE (up 51.69%) and HAVELLS IND (up 20.33%).

What About the Benchmark Indices?

The BSE Sensex is at 36,748 (up 0.48%). The top gainers among the BSE Sensex stocks today are SBI (up 1.16%), ONGC (up 1.15%) and POWER GRID (up 1.08%). Other gainers include COAL INDIA (up 1.00%) and HDFC BANK (up 0.91%). The most traded stocks in the BSE Sensex are SBI and TATA STEEL.

In the meantime, NSE Nifty is at 11,076 (up 0.50%). The top gainers in the NSE Nifty include BPCL (up 1.73%), ZEE ENTERTAINMENT (up 1.73%) and HPCL (up 1.44%). Other gainers include ADANI PORTS & SEZ (up 1.31%) and ULTRATECH CEMENT (up 1.27%).

Over the last 12 months, the BSE Sensex has moved up from 32,075 to 36,748, registering a gain of 4,673 points (up 14.40%).

HEG LTD Financial Update...

HEG LTD net profit grew 85.3% YoY to Rs 6 billion for the quarter ended March 2018, compared to a profit of Rs 3 billion a year ago. Net Sales rose 53.4% to Rs 12.9 billion during the period as against Rs 8.4 billion in January-March 2017.

For the year ended March 2018, HEG LTD reported 2260.8% decrease in net profit to Rs 10.8 billion compared to net loss of Rs 500.0 million during FY17.

Revenue of the company grew 207.8% to Rs 28 billion during FY18.

The current Price to earnings ratio of HEG LTD, based on rolling 12 month earnings, stands at 14.9x.