GARDEN REACH SHIPBUILDERS & ENGINEERS share price has zoomed 5% and is presently trading at Rs 2,438.1.
Meanwhile, the BSE CAPITAL GOODS index is at 75,503.7 (up 0.1%).
Among the top gainers in the BSE CAPITAL GOODS index today are GMR Infra (up 4.4%) and AIA Engineering (up 3.0%).
Carborundum Universal (down 2.0%) and BHEL (down 1.7%) are among the top losers today.
Over the last one year, GARDEN REACH SHIPBUILDERS & ENGINEERS has moved up from Rs 607.9 to Rs 2,438.1, registering a gain of Rs 1,830.2 (up 301.1%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 43,132.9 to 75,503.7, registering a gain of 75.0% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 214.1%), HINDUSTAN AERO. (up 156.7%) and Bharat Electronics (up 152.4%).
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The BSE Sensex is at 81,411.0 (up 0.1%).
The top gainers among the BSE Sensex today are Tata Motors (up 3.4%) and NTPC (up 3.3%). The most traded stocks in the BSE Sensex are Tata Steel and Axis Bank.
In the meantime, NSE Nifty is at 24,840.9 . Tata Motors and NTPC are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,707.2 to 81,411.0, registering a gain of 14,703.8 points (up 22.0%).
GARDEN REACH SHIPBUILDERS & ENGINEERS net profit grew 101.8% YoY to Rs 1,116 million for the quarter ended March 2024, compared to a profit of Rs 553 million a year ago. Net sales rose 69.0% to Rs 10,157 million during the period as against Rs 6,012 million in January-March 2023.
For the year ended March 2023, GARDEN REACH SHIPBUILDERS & ENGINEERS reported 20.4% increase in net profit to Rs 2,281 million compared to net profit of Rs 1,895 million during FY22. Revenue of the company grew 46.0% to Rs 25,611 million during FY23.
The current Price to earnings ratio of GARDEN REACH SHIPBUILDERS & ENGINEERS, based on rolling 12 month earnings, stands at 78.2.
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