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G R INFRAPROJECTS Gains 5%; BSE CAPITAL GOODS Index Up 0.4%
Wed, 3 Jul 10:2

G R INFRAPROJECTS Gains 5%; BSE CAPITAL GOODS Index Up 0.4%Image source: phive2015/www.istockphoto.com

G R INFRAPROJECTS share price has zoomed 5% and is presently trading at Rs 1,805.3.

Meanwhile, the BSE CAPITAL GOODS index is at 73,358.2 (up 0.4%).

Among the top gainers in the BSE CAPITAL GOODS index today are TIMKEN INDIA (up 2.9%) and V GUARD IND. (up 2.9%).

SCHAEFFLER INDIA (down 1.0%) and ADANI GREEN ENERGY (down 0.3%) are among the top losers today.

Over the last one year, G R INFRAPROJECTS has moved up from Rs 1,284.5 to Rs 1,805.3, registering a gain of Rs 520.8 (up 40.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 40,540.3 to 73,358.2, registering a gain of 81.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 238.3%), HINDUSTAN AERO. (up 184.5%) and Bharat Electronics (up 149.4%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,973.5 (up 0.7%).

The top gainers among the BSE Sensex today are HDFC Bank (up 2.9%) and Axis Bank (up 2.0%). The most traded stocks in the BSE Sensex are HDFC Bank and SBI.

In the meantime, NSE Nifty is at 24,273.2 (up 0.6%). HDFC Bank and Axis Bank are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,205.1 to 79,973.5, registering a gain of 14,768.5 points (up 22.6%).

G R INFRAPROJECTS Financial Update...

G R INFRAPROJECTS net profit grew 40.3% YoY to Rs 5,466 million for the quarter ended March 2024, compared to a profit of Rs 3,897 million a year ago. Net sales rose 1.0% to Rs 24,851 million during the period as against Rs 24,611 million in January-March 2023.

For the year ended March 2023, G R INFRAPROJECTS reported 74.8% increase in net profit to Rs 14,544 million compared to net profit of Rs 8,319 million during FY22. Revenue of the company grew 12.1% to Rs 94,815 million during FY23.

The current Price to earnings ratio of G R INFRAPROJECTS, based on rolling 12 month earnings, stands at 13.3.


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