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GALA PRECISION ENGINEERING LTD. Plunges 5%; BSE CAPITAL GOODS Index Down 2.1%
Mon, 4 Nov 13:13

GALA PRECISION ENGINEERING LTD. Plunges 5%; BSE CAPITAL GOODS Index Down 2.1%Image source: asbe/www.istockphoto.com

GALA PRECISION ENGINEERING LTD. share price has plunged 5% and is presently trading at Rs 1,081.8.

Meanwhile, the BSE CAPITAL GOODS index is at 68,259.4 (down 2.1%).

Among the top losers in the BSE CAPITAL GOODS index today are BHEL (down 4.2%) and GMR Infra (down 4.2%).

V GUARD IND. (up 2.8%) and TIMKEN INDIA (up 2.2%) are among the top gainers today.

Over the last one year, GALA PRECISION ENGINEERING LTD. has moved up from Rs 0.0 to Rs 1,081.8, registering a gain of Rs 1,081.8 .

On the other hand, the BSE CAPITAL GOODS index has moved up from 45,784.4 to 68,259.4, registering a gain of 49.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 131.7%), Bharat Electronics (up 111.8%) and Siemens (up 107.3%).

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

What About the Benchmark Indices?

The BSE Sensex is at 78,470.5 (down 1.7%).

The top losers among the BSE Sensex today are Bajaj Finserv (down 3.9%) and MUNDRA PORT & SEZ (down 3.7%). The most traded stocks in the BSE Sensex are ICICI Bank and Tata Steel.

In the meantime, NSE Nifty is at 23,897.6 (down 1.7%). Hero Motocorp and Bajaj Auto are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,874.9 to 78,470.5, registering a gain of 14,595.6 points (up 22.9%).

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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