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GALA PRECISION ENGINEERING LTD. Gains 9%; BSE CAPITAL GOODS Index Up 1.3%
Thu, 31 Oct 9:27

GALA PRECISION ENGINEERING LTD. Gains 9%; BSE CAPITAL GOODS Index Up 1.3%Image source: DNY59/www.istockphoto.com

GALA PRECISION ENGINEERING LTD. share price has zoomed 9% and is presently trading at Rs 1,218.1.

Meanwhile, the BSE CAPITAL GOODS index is at 68,571.8 (up 1.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are L&T (up 4.8%) and Finolex Cables (up 4.6%).

AIA Engineering (down 2.8%) and Bharat Electronics (down 1.5%) are among the top losers today.

Over the last one year, GALA PRECISION ENGINEERING LTD. has moved up from Rs 0.0 to Rs 1,218.1, registering a gain of Rs 1,218.1 .

On the other hand, the BSE CAPITAL GOODS index has moved up from 45,914.5 to 68,571.8, registering a gain of 49.3% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 129.6%), Bharat Electronics (up 115.3%) and Siemens (up 101.8%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,820.3 (down 0.2%).

The top losers among the BSE Sensex today are Tech Mahindra (down 1.9%) and Infosys (down 1.7%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,293.5 (down 0.2%). Tech Mahindra and Infosys are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,112.7 to 79,820.3, registering a gain of 15,707.7 points (up 24.5%).

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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