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ASTRAL POLY Plunges 3%; BSE CAPITAL GOODS Index Down 0.5%
Mon, 12 Aug 9:22

ASTRAL POLY Plunges 3%; BSE CAPITAL GOODS Index Down 0.5%Image source: phive2015/www.istockphoto.com

ASTRAL POLY share price has plunged 3% and is presently trading at Rs 1,996.0.

Meanwhile, the BSE CAPITAL GOODS index is at 72,141.6 (down 0.5%).

Among the top losers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (down 5.9%) and SKF India (down 1.7%).

Graphite India (up 3.7%) and Lakshmi Machine (up 2.7%) are among the top gainers today.

Over the last one year, ASTRAL POLY has moved up from Rs 1,965.4 to Rs 1,996.0, registering a gain of Rs 30.7 (up 1.6%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,202.8 to 72,141.6, registering a gain of 67.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 204.6%), HINDUSTAN AERO. (up 149.6%) and Bharat Electronics (up 132.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,467.9 (down 0.3%).

The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 2.8%) and Power Grid Corp. (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and MUNDRA PORT & SEZ.

In the meantime, NSE Nifty is at 24,268.7 (down 0.4%). Adani Enterprises and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,846.5 to 79,467.9, registering a gain of 13,621.4 points (up 20.7%).

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 98.2.


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