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GALA PRECISION ENGINEERING LTD. Gains 19%; BSE CAPITAL GOODS Index Down 0.3%
Thu, 7 Nov 14:27

GALA PRECISION ENGINEERING LTD. Gains 19%; BSE CAPITAL GOODS Index Down 0.3%Image source: DNY59/www.istockphoto.com

GALA PRECISION ENGINEERING LTD. share price has zoomed 19% and is presently trading at Rs 1,328.0.

Meanwhile, the BSE CAPITAL GOODS index is at 70,227.4 (down 0.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are HINDUSTAN AERO. (up 1.2%) and Finolex Cables (up 0.6%).

ADANI GREEN ENERGY (down 3.4%) and ABB (down 2.4%) are among the top losers today.

Over the last one year, GALA PRECISION ENGINEERING LTD. has moved up from Rs 0.0 to Rs 1,328.0, registering a gain of Rs 1,328.0 .

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,002.7 to 70,227.4, registering a gain of 49.4% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 130.1%), Bharat Electronics (up 117.7%) and Siemens (up 109.6%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,550.6 (down 1.0%).

The top losers among the BSE Sensex today are Tech Mahindra (down 2.6%) and Sun Pharma (down 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,188.8 (down 1.2%). Hindalco and Trent are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 79,550.6, registering a gain of 14,591.9 points (up 22.5%).

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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