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GALA PRECISION ENGINEERING LTD. Gains 13%; BSE CAPITAL GOODS Index Up 0.1%
Wed, 16 Oct 14:45

GALA PRECISION ENGINEERING LTD. Gains 13%; BSE CAPITAL GOODS Index Up 0.1%Image source: ipopba/www.istockphoto.com

GALA PRECISION ENGINEERING LTD. share price has zoomed 13% and is presently trading at Rs 920.6.

Meanwhile, the BSE CAPITAL GOODS index is at 72,413.6 (up 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are HINDUSTAN AERO. (up 2.0%) and ABB (up 1.8%).

TIMKEN INDIA (down 2.0%) and Carborundum Universal (down 1.8%) are among the top losers today.

Over the last one year, GALA PRECISION ENGINEERING LTD. has moved up from Rs 0.0 to Rs 920.6, registering a gain of Rs 920.6 .

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,111.6 to 72,413.6, registering a gain of 50.5% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 137.6%), Siemens (up 122.1%) and Bharat Electronics (up 108.6%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 81,704.8 (down 0.1%).

The top losers among the BSE Sensex today are M&M (down 2.4%) and Titan (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,023.9 (down 0.1%). Trent and M&M are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,704.8, registering a gain of 15,537.9 points (up 23.5%).

GALA PRECISION ENGINEERING LTD. Financial Update...

GALA PRECISION ENGINEERING LTD. net profit fell {profitpercent} YoY to Rs 63 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 532 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, GALA PRECISION ENGINEERING LTD. reported 9.2% decrease in net profit to Rs 220 million compared to net profit of Rs 242 million during FY23. Revenue of the company grew 22.4% to Rs 2,025 million during FY24.


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