Capital Goods stocks were trading in green, with the S&P BSE Capital Goods index increasing 181.02 points or 0.97% at 18788.18 at 09:48 IST. Among the components of the S&P BSE Capital Goods index, Thermax Ltd (up 2.72%), Larsen & Toubro Ltd (up 2.22%),Honeywell Automation India Ltd (up 1.45%),V-Guard Industries Ltd (up 1.19%),Lakshmi Machine Works Ltd (up 1.02%), were the top gainers. Among the other gainers were Grindwell Norton Ltd (up 0.65%), SKF India Ltd (up 0.61%), Carborundum Universal Ltd (up 0.57%), Schaeffler India Ltd (up 0.56%), and GMR Infrastructure Ltd (up 0.56%). On the other hand, Adani Green Energy Ltd (down 1.36%), AIA Engineering Ltd (down 1.17%), and Kalpataru Power Transmission Ltd (down 1.16%) turned lower.
Thermax Ltd has added 11.06% over last one month compared to 10% gain in S&P BSE Capital Goods index and 6.56% rise in the SENSEX
Thermax Ltd rose 1.63% today to trade at Rs 934.35. The S&P BSE Capital Goods index is up 0.43% to quote at 18687.64. The index is up 10 % over last one month. Among the other constituents of the index, Larsen & Toubro Ltd increased 1.26% and Carborundum Universal Ltd added 1.08% on the day. The S&P BSE Capital Goods index went up 9.54 % over last one year compared to the 12.19% surge in benchmark SENSEX.
Thermax Ltd has added 11.06% over last one month compared to 10% gain in S&P BSE Capital Goods index and 6.56% rise in the SENSEX. On the BSE, 539 shares were traded in the counter so far compared with average daily volumes of 3607 shares in the past one month. The stock hit a record high of Rs 1119 on 01 Jan 2020. The stock hit a 52-week low of Rs 644 on 24 Mar 2020.
Wendt OFS s floor price is ₹2,200
December 21, 2020 Carborundum Universal Ltd and Wendt GmBH (promoters) propose to sell up to an aggregate of 94,704 equity shares of Wendt (India), representing 4.74 per cent of the total issued and paid-up equity share capital of company. The stake sale will be on December 22 only for non-retail investors and on December 23 for retail investors and for non-retail investors who choose to carry forward their un-allotted bids. The floor price for the sale has been fixed as ₹2,200. Currently, promoters hold 79.74 per cent stake in the company. Shares of Wendt closed 5.93 per cent lower at ₹3,135.20 on the BSE.
Published on
Capital Goods stocks were trading in the positive zone, with the S&P BSE Capital Goods index rising 63.93 points or 0.34% at 18668.82 at 09:48 IST. Among the components of the S&P BSE Capital Goods index, ABB India Ltd (up 1.51%), Carborundum Universal Ltd (up 0.9%), Havells India Ltd (up 0.85%), Larsen & Toubro Ltd (up 0.78%), and Siemens Ltd (up 0.59%), were the top gainers. On the other hand, NBCC (India) Ltd (down 3.53%), Bharat Heavy Electricals Ltd (down 2.51%), and GMR Infrastructure Ltd (down 2%) moved lower.
At 09:48 IST, the S&P BSE Sensex was down 145.83 or 0.31% at 46744.51.
The Nifty 50 index was down 29.45 points or 0.21% at 13711.25.
The S&P BSE Small-Cap index was down 156.49 points or 0.88% at 17654.81.
(1)
Technavio has been monitoring the floor pad market and it is poised to grow by USD 39.90 million during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201217005775/en/
Technavio has announced its latest market research report titled Floor Pad Market by Product, End-user and Geography Forecast and Analysis 2020-2024 (Graphic: Business Wire).
For a More Detailed Analysis,
Get a Free Sample Report Delivered Instantly