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G R INFRAPROJECTS Gains 4%; BSE CAPITAL GOODS Index Down 0.4%
Mon, 2 Sep 10:12

G R INFRAPROJECTS Gains 4%; BSE CAPITAL GOODS Index Down 0.4%Image source: Eoneren/www.istockphoto.com

G R INFRAPROJECTS share price has zoomed 4% and is presently trading at Rs 1,585.6.

Meanwhile, the BSE CAPITAL GOODS index is at 72,874.0 (down 0.4%).

Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 2.1%) and Lakshmi Machine (up 1.8%).

ABB (down 1.0%) and Bharat Forge (down 1.0%) are among the top losers today.

Over the last one year, G R INFRAPROJECTS has moved up from Rs 1,285.9 to Rs 1,585.6, registering a gain of Rs 299.7 (up 23.3%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 44,941.0 to 72,874.0, registering a gain of 62.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 151.4%), HINDUSTAN AERO. (up 140.9%) and Bharat Electronics (up 121.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 82,548.9 (up 0.2%).

The top gainers among the BSE Sensex today are Bajaj Finserv (up 1.9%) and ITC (up 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 25,299.4 (up 0.3%). Bajaj Finserv and Bajaj Finance are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,075.8 to 82,548.9, registering a gain of 17,473.1 points (up 26.9%).

G R INFRAPROJECTS Financial Update...

G R INFRAPROJECTS net profit fell 65.2% YoY to Rs 1,077 million for the quarter ended June 2024, compared to a profit of Rs 3,098 million a year ago. Net sales declined 18.1% to Rs 20,303 million during the period as against Rs 24,782 million in April-June 2023.

For the year ended March 2024, G R INFRAPROJECTS reported 9.0% decrease in net profit to Rs 13,230 million compared to net profit of Rs 14,544 million during FY23. Revenue of the company fell 5.3% to Rs 89,802 million during FY24.

The current Price to earnings ratio of G R INFRAPROJECTS, based on rolling 12 month earnings, stands at 13.8.


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