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AEROFLEX INDUSTRIES Gains 6%; BSE METAL Index Up 0.4%
Tue, 19 Nov 10:6

AEROFLEX INDUSTRIES Gains 6%; BSE METAL Index Up 0.4%Image source: asbe/www.istockphoto.com

AEROFLEX INDUSTRIES share price has zoomed 6% and is presently trading at Rs 186.8.

Meanwhile, the BSE METAL index is at 30,172.1 (up 0.4%).

Among the top gainers in the BSE METAL index today are Coal India (up 1.2%) and SAIL (up 1.1%).

Jindal Steel (down 0.3%) and Hindalco (down 0.1%) are among the top losers today.

Over the last one year, AEROFLEX INDUSTRIES has moved up from Rs 160.8 to Rs 186.8, registering a gain of Rs 26.1 (up 16.2%).

On the other hand, the BSE METAL index has moved up from 23,838.4 to 30,172.1, registering a gain of 26.6% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 86.5%), Hindustan Zinc (up 63.6%) and Jindal Steel (up 36.2%).

Revealed: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 78,067.9 (up 0.9%).

The top gainers among the BSE Sensex today are M&M (up 3.1%) and Tech Mahindra (up 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 23,688.7 (up 1.0%). M&M and Trent are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 78,067.9, registering a gain of 12,392.0 points (up 18.9%).

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 53.5.


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