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ASTRAL POLY Gains 3%; BSE CAPITAL GOODS Index Up 0.1%
Thu, 22 Aug 15:6

ASTRAL POLY Gains 3%; BSE CAPITAL GOODS Index Up 0.1%Image source: hudiemm/www.istockphoto.com

ASTRAL POLY share price has zoomed 3% and is presently trading at Rs 1,944.2.

Meanwhile, the BSE CAPITAL GOODS index is at 73,179.3 (up 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are Thermax (up 1.6%) and Bharat Forge (up 1.2%).

ADANI GREEN ENERGY (down 2.2%) and V GUARD IND. (down 2.0%) are among the top losers today.

Over the last one year, ASTRAL POLY has moved down from Rs 1,980.8 to Rs 1,944.2, registering a loss of Rs 36.6 (down 1.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,641.7 to 73,179.3, registering a gain of 67.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 196.0%), HINDUSTAN AERO. (up 149.4%) and Bharat Electronics (up 134.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,067.4 (up 0.2%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 1.6%) and Titan (up 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and Bharti Airtel.

In the meantime, NSE Nifty is at 24,813.8 (up 0.2%). Grasim Industries and Tata Consumer Products are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,067.4, registering a gain of 15,851.3 points (up 24.3%).

ASTRAL POLY Financial Update...

ASTRAL POLY net profit grew 0.2% YoY to Rs 1,195 million for the quarter ended June 2024, compared to a profit of Rs 1,193 million a year ago. Net sales rose 7.8% to Rs 13,836 million during the period as against Rs 12,831 million in April-June 2023.

For the year ended March 2024, ASTRAL POLY reported 18.7% increase in net profit to Rs 5,456 million compared to net profit of Rs 4,595 million during FY23. Revenue of the company grew 9.4% to Rs 56,414 million during FY24.

The current Price to earnings ratio of ASTRAL POLY, based on rolling 12 month earnings, stands at 95.7.


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