HEG LTD at All Time High; BSE CAPITAL GOODS Index Up 0.5%
July 20, 2018 09:28 AM

HEG LTD share price has hit an all-time high at Rs 4,120 (up 1.69%).

Meanwhile, the BSE CAPITAL GOODS Index is at 17,426 (up 0.54%).

Among the top gainers in the BSE CAPITAL GOODS Index today are HEG LTD (up 1.69%) and SCHAEFFLER INDIA LTD (up 3.38%)

BEML LTD. (down 0.12%) and BHEL (down 0.15%) are among the top losers today.

Over the last one year, HEG LTD has moved up from Rs 413 to Rs 4,120, registering a gain of Rs 3,707 (up 894.31%).

The BSE CAPITAL GOODS has moved down from 17,733 to 17,426, loss of 307 points (down 1.74%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were GRAPHITE INDIA (up 472.75%), LAKSHMI MACHINE (up 43.41%) and HAVELLS IND (up 20.14%).

What About the Benchmark Indices?

The BSE Sensex is at 36,428 (up 0.18%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 1.64%), INFOSYS LTD (up 1.55%) and ICICI BANK (up 1.32%). Other gainers include KOTAK MAH. BANK (up 0.81%) and L&T (up 0.80%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 10,976 (up 0.13%). The top gainers in the NSE Nifty include INFOSYS LTD (up 1.53%), ICICI BANK (up 1.49%) and RELIANCE IND. (up 1.48%). Other gainers include TECH MAHINDRA (up 1.06%) and AXIS BANK (up 0.98%).

Over the last 12 months, the BSE Sensex has moved up from 31,955 to 36,428, registering a gain of 4,473 points (up 13.96%).

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 15.2x.