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AEROFLEX INDUSTRIES Gains 5%; BSE METAL Index Up 0.0%
Wed, 6 Nov 11:42

AEROFLEX INDUSTRIES Gains 5%; BSE METAL Index Up 0.0%Image source: DNY59/www.istockphoto.com

AEROFLEX INDUSTRIES share price has zoomed 5% and is presently trading at Rs 201.9.

Meanwhile, the BSE METAL index is at 31,717.7 .

Among the top gainers in the BSE METAL index today are APOLLO TUBES (up 2.0%) and SAIL (up 1.2%).

Hindustan Zinc (down 7.6%) and Tata Steel (down 0.9%) are among the top losers today.

Over the last one year, AEROFLEX INDUSTRIES has moved up from Rs 163.3 to Rs 201.9, registering a gain of Rs 38.6 (up 23.6%).

On the other hand, the BSE METAL index has moved up from 22,728.7 to 31,717.7, registering a gain of 39.5% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 100.1%), Hindustan Zinc (up 74.5%) and Jindal Steel (up 51.9%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,044.2 (up 0.7%).

The top gainers among the BSE Sensex today are HCl Tech. (up 3.6%) and TCS (up 3.6%). The most traded stocks in the BSE Sensex are ITC and Infosys.

In the meantime, NSE Nifty is at 24,381.8 (up 0.7%). TCS and HCl Tech. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 80,044.2, registering a gain of 15,085.5 points (up 23.2%).

AEROFLEX INDUSTRIES Financial Update...

AEROFLEX INDUSTRIES net profit grew 18.0% YoY to Rs 137 million for the quarter ended September 2024, compared to a profit of Rs 116 million a year ago. Net sales rose 13.0% to Rs 950 million during the period as against Rs 841 million in July-September 2023.

For the year ended March 2024, AEROFLEX INDUSTRIES reported 38.4% increase in net profit to Rs 417 million compared to net profit of Rs 302 million during FY23. Revenue of the company grew 18.0% to Rs 3,179 million during FY24.

The current Price to earnings ratio of AEROFLEX INDUSTRIES, based on rolling 12 month earnings, stands at 57.8.


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