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- Indian Stock Market Updates August 8, 2019
BLUE STAR Surges by 5%; BSE CAPITAL GOODS Index Up 0.6%
Thu, 8 Aug 10:48 AM
BLUE STAR share price has zoomed 5% and is presently trading at Rs 737.
Meanwhile, the BSE CAPITAL GOODS Index is at 17,328 (up 0.6%).
Among the top Gainers in the BSE CAPITAL GOODS Index today are BLUE STAR (up 5.5%) and SIEMENS (up 6.9%).
SADBHAV ENGINEERING (down 0.5%) and LAKSHMI MACHINE (down 0.6%) are among the top losers today.
Over the last one year, BLUE STAR has moved up from Rs 688 to Rs 737, registering a gain of Rs 49 (up 7.0%).
On the other hand, the BSE CAPITAL GOODS has moved down from 18,288 to 17,328, loss of 960 points (down 5.4%) during the last 12 months.
The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were KALPATARU POWER (up 25.6%), ABB INDIA (up 17.3%) and SIEMENS (up 14.1%).
What About the Benchmark Indices?
The BSE Sensex is at 36,904 (up 0.4%).
The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 3.9%), TATA MOTORS DVR (up 2.9%) and BHARTI AIRTEL (up 2.5%). Other gainers include TATA MOTORS (up 1.9%) and YES BANK (up 1.6%). The most traded stocks in the BSE Sensex are YES BANK and TATA MOTORS.
In the meantime, NSE Nifty is at 10,916 (up 0.4%). HCL TECHNOLOGIES (up 3.8%) and BHARTI INFRATEL (up 2.4%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 37,666 to 36,904, registering a gain of -762 points (up -2.2%).
BLUE STAR Financial Update...
BLUE STAR net profit stood at Rs 776 million for the quarter ended March 2019, compared to a profit of Rs 132 million a year ago. Net Sales rose 45.2% to Rs 16.0 billion during the period as against Rs 11.0 billion in January-March 2018.
For the year ended March 2018, BLUE STAR reported 19.9% increase in net profit to Rs 1.5 billion compared to net profit of Rs 1.2 billion during FY17.
Revenue of the company grew 7.4% to Rs 48 billion during FY18.
The current Price to earnings ratio of BLUE STAR, based on rolling 12 month earnings, stands at 34.3x.
Indian Share Market Update: Top Gainers and Losers
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