Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

GARDEN REACH SHIPBUILDERS & ENGINEERS Gains 5%; BSE CAPITAL GOODS Index Up 1.2%
Mon, 22 Jul 10:59

GARDEN REACH SHIPBUILDERS & ENGINEERS Gains 5%; BSE CAPITAL GOODS Index Up 1.2%Image source: phive2015/www.istockphoto.com

GARDEN REACH SHIPBUILDERS & ENGINEERS share price has zoomed 5% and is presently trading at Rs 2,581.5.

Meanwhile, the BSE CAPITAL GOODS index is at 72,425.3 (up 1.2%).

Among the top gainers in the BSE CAPITAL GOODS index today are BHEL (up 3.5%) and HINDUSTAN AERO. (up 3.3%).

GRINDWELL NORTON (down 1.9%) and Carborundum Universal (down 1.6%) are among the top losers today.

Over the last one year, GARDEN REACH SHIPBUILDERS & ENGINEERS has moved up from Rs 603.9 to Rs 2,581.5, registering a gain of Rs 1,977.6 (up 327.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 41,608.8 to 72,425.3, registering a gain of 74.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 221.1%), HINDUSTAN AERO. (up 157.7%) and Bharat Electronics (up 144.8%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,746.0 (up 0.2%).

The top gainers among the BSE Sensex today are NTPC (up 2.7%) and HDFC Bank (up 2.6%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,572.3 (up 0.2%). BPCL and NTPC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,795.1 to 80,746.0, registering a gain of 13,950.9 points (up 20.9%).

GARDEN REACH SHIPBUILDERS & ENGINEERS Financial Update...

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 82.8.


Equitymaster requests your view! Post a comment on "GARDEN REACH SHIPBUILDERS & ENGINEERS Gains 5%; BSE CAPITAL GOODS Index Up 1.2%". Click here!