HEG share price has zoomed 9% and is presently trading at Rs 615.
Meanwhile, the BSE CAPITAL GOODS Index is at 11,287 (up 1.8%).
Among the top Gainers in the BSE CAPITAL GOODS Index today is HEG (up 9.4%).
CARBORUNDUM UNIVERSAL (down 0.8%) and SKF INDIA (down 1.1%) are among the top losers today.
Over the last one year, HEG has moved down from Rs 2,062 to Rs 615, registering a loss of Rs 1,447 (down 70.3%).
On the other hand, the BSE CAPITAL GOODS has moved down from 18,367 to 11,287, loss of 7,080 points (down 38.9%) during the last 12 months.
The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HONEYWELL AUTOMATION (up 15.9%).
REVEALED: How to Potentially Make Up to Tens of Thousands of Rupees Within a Few Hours...
The BSE Sensex is at 30,760 (up 2.3%).
The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 4.4%), AXIS BANK (up 4.0%) and TECH MAHINDRA (up 3.8%). Other gainers include HDFC (up 3.6%) and ICICI BANK (up 3.6%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK.
In the meantime, NSE Nifty is at 9,000 (up 2.6%). The top gainers in the NSE Nifty include CIPLA (up 15.0%), VEDANTA LTD (up 7.1%) and TATA MOTORS (up 6.1%). Other gainers include JSW STEEL (up 5.2%) and HDFC (up 4.3%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 38,701 to 30,760, registering a loss of 7,941 points (down 21.00%).
HEG net profit down at Rs 59 million for the quarter ended December 2019, compared to a loss of Rs 9 billion a year ago. Net Sales declined 78.9% to Rs 3.9 billion during the period as against Rs 18.7 billion in October-December 2018.
For the year ended March 2019, HEG reported 182.1% increase in net profit to Rs 30.5 billion compared to net profit of Rs 10.8 billion during FY18.
Revenue of the company grew 139.0% to Rs 66 billion during FY19.
The current Price to earnings ratio of HEG, based on rolling 12 month earnings, stands at 2.5x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge selling during closing hours today and ended their day deep in the red.
TORRENT POWER share price is trading up by 5% and its current market price is Rs 429. The BSE POWER is up by 0.6%. The top gainers in the BSE POWER Index are TORRENT POWER (up 5.2%) and ADANI POWER (up 9.9%). The top losers are POWER GRID (down 0.7%) and NTPC (down 1.2%).
DILIP BUILDCON share price is trading up by 8% and its current market price is Rs 719. The BSE CAPITAL GOODS is down by 0.6%. The top gainers in the BSE CAPITAL GOODS Index are DILIP BUILDCON (up 8.5%) and BHEL (up 6.5%). The top losers are CARBORUNDUM UNIVERSAL (down 0.1%) and HINDUSTAN AERO. (down 1.8%).
BALRAMPUR CHINI share price is trading up by 10% and its current market price is Rs 213. The BSE 500 is down by 0.3%. The top gainers in the BSE 500 Index are BALRAMPUR CHINI (up 10.3%) and BALMER LAWRIE (up 13.6%). The top losers are DIVIS LABORATORIES and PIDILITE INDUSTRIES .
INDIAN ENERGY EXCHANGE share price is trading up by 7% and its current market price is Rs 319. The BSE POWER is up by 0.9%. The top gainers in the BSE POWER Index are INDIAN ENERGY EXCHANGE (up 6.6%) and ADANI POWER (up 9.9%). The top losers are POWER GRID (down 0.5%) and NTPC (down 0.8%).
ITD CEMENTATION INDIA share price is trading up by 8% and its current market price is Rs 93. The BSE REALTY is up by 0.3%. The top gainers in the BSE REALTY Index are ITD CEMENTATION INDIA (up 8.5%) and INDIABULLS REAL EST (up 10.3%). The top losers are PRESTIGE ESTATES and GODREJ PROPERTIES (down 0.2%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll show you how to get started on the path to daily trading profits.
In this episode, ace trader Brijesh Bhatia talks to us about the best investments of 2021, his profitable trading system, and much more.
An Indian company founded three decades ago in a garage caught my attention...
More
Equitymaster requests your view! Post a comment on "HEG Surges by 9%; BSE CAPITAL GOODS Index Up 1.8%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!