Wed, 15 Sep 02:32 PM
L&T share price has hit an all-time high at Rs 1,724 (up 1.5%).
Meanwhile, the BSE CAPITAL GOODS Index is at 26,187 (up 0.8%).
Among the top gainers in the BSE CAPITAL GOODS Index today are L&T (up 1.5%) and HONEYWELL AUTOMATION (up 2.9%).
FINOLEX CABLES and SCHAEFFLER INDIA (down 0.1%) are among the top losers today.
Over the last one year, L&T has moved up from Rs 902 to Rs 1,724, registering a gain of Rs 822 (up 90.8%).
The BSE CAPITAL GOODS has moved up from 13,945 to 26,187, registering a gain of 12,242 points (up 87.7%) during the last 12 months.
The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were GRAPHITE INDIA (up 238.9%), CARBORUNDUM UNIVERSAL (up 236.0%) and HEG (up 188.8%).
What About the Benchmark Indices?
The BSE Sensex is at 58,775 (up 0.8%). The top gainers among the BSE Sensex stocks today are NTPC (up 6.6%), BHARTI AIRTEL (up 5.1%) and ONGC (up 4.5%). Other gainers include TITAN (up 2.9%) and HCL TECHNOLOGIES (up 2.9%). The most traded stocks in the BSE Sensex are NTPC and ONGC.
In the meantime, NSE Nifty is at 17,531 (up 0.8%). The top gainers in the NSE Nifty include NTPC (up 6.5%), BHARTI AIRTEL (up 5.0%) and ONGC (up 4.5%). Other gainers include COAL INDIA (up 4.3%) and TITAN (up 2.9%).
Over the last 12 months, the BSE Sensex has moved up from 38,757 to 58,775, registering a gain of 20,018 points (up 51.6%).
L&T Financial Update…
L&T net profit down at Rs 16 billion for the quarter ended June 2021, compared to a loss of Rs 26 billion a year ago. Net Sales declined 17.6% to Rs 293.3 billion during the period as against Rs 356.0 billion in April-June 2020.
For the year ended March 2021, L&T reported 19.3% increase in net profit to Rs 129.1 billion compared to net profit of Rs 108.2 billion during FY20.
Revenue of the company grew 6.5% to Rs 1,360 billion during FY21.
The current Price to earnings ratio of L&T, based on rolling 12 month earnings, stands at 43.3x.<!–
What else is happening in the markets today? Dig in…
Stock Market Updates
Sep 15, 2021 Closing
Indian share markets witnessed positive trading activity throughout the day today and ended on a strong note.
Sep 15, 2021 01:54 PM
BAJAJ ELECTRICALS share price has hit an all time high at Rs 1,414 (up 0.4%). The BSE CONSUMER DURABLES Index is up by 1.4%. Among the top gainers in the BSE CONSUMER DURABLES Index today are BAJAJ ELECTRICALS (up 0.4%) and TTK PRESTIGE (up 1.0%). The top losers include VIP INDUSTRIES (down 0.2%) and CROMPTON GREAVES CONSUMER ELEC. (down 0.5%).
Sep 15, 2021 12:30 pm
BSE Sensex is trading up by 354 points, while the NSE Nifty is up by 100 points.
Sep 15, 2021 11:08 AM
MPHASIS share price has hit an all time high at Rs 3,093 (up 1.0%). The BSE IT Index is up by 0.3%. Among the top gainers in the BSE IT Index today are MPHASIS (up 1.0%) and L&T INFOTECH (up 0.1%). The top losers include HEXAWARE TECHNOLOGIES and L&T TECHONOLOGY (down 0.1%).
Sep 15, 2021 09:30 am
Indian share markets open flat. The BSE Sensex opened up by 132 points, while the Nifty is trading higher by 34 points.
Sep 15, 2021 09:36 AM
IPCA LABS share price has hit an all time high at Rs 2,767 (up 4.1%). The BSE HEALTHCARE Index is up by 0.3%. Among the top gainers in the BSE HEALTHCARE Index today are IPCA LABS (up 4.1%) and SANOFI INDIA (up 0.3%). The top losers include DR. REDDYS LAB (down 0.1%) and NATCO PHARMA (down 0.1%).