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BANSAL WIRE INDUSTRIES LTD. Gains 7%; BSE METAL Index Up 0.2%
Thu, 1 Aug 12:15

BANSAL WIRE INDUSTRIES LTD. Gains 7%; BSE METAL Index Up 0.2%Image source: Nikada/www.istockphoto.com

BANSAL WIRE INDUSTRIES LTD. share price has zoomed 7% and is presently trading at Rs 375.5.

Meanwhile, the BSE METAL index is at 32,831.7 (up 0.2%).

Among the top gainers in the BSE METAL index today are Coal India (up 3.0%) and Hindalco (up 0.8%).

Tata Steel (down 2.0%) and SAIL (down 1.1%) are among the top losers today.

Over the last one year, BANSAL WIRE INDUSTRIES LTD. has moved up from Rs 0.0 to Rs 375.5, registering a gain of Rs 375.5 .

On the other hand, the BSE METAL index has moved up from 22,180.7 to 32,831.7, registering a gain of 48.0% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Coal India (up 134.6%), NMDC (up 107.5%) and Hindustan Zinc (up 100.1%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 81,800.1 (up 0.1%).

The top gainers among the BSE Sensex today are Power Grid Corp. (up 3.2%) and NTPC (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,990.6 (up 0.2%). Coal India and Power Grid Corp. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,800.1, registering a gain of 15,272.5 points (up 23.0%).

BANSAL WIRE INDUSTRIES LTD. Financial Update...

BANSAL WIRE INDUSTRIES LTD. net profit fell {profitpercent} YoY to Rs 315 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 8,169 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, BANSAL WIRE INDUSTRIES LTD. reported 31.5% increase in net profit to Rs 788 million compared to net profit of Rs 599 million during FY23. Revenue of the company grew 2.2% to Rs 24,660 million during FY24.


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