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GMM PFAUDLER Gains 4%; BSE CAPITAL GOODS Index Down 0.1%
Tue, 15 Oct 10:33

GMM PFAUDLER Gains 4%; BSE CAPITAL GOODS Index Down 0.1%Image source: alexsl/www.istockphoto.com

GMM PFAUDLER share price has zoomed 4% and is presently trading at Rs 1,441.1.

Meanwhile, the BSE CAPITAL GOODS index is at 71,989.1 (down 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are Carborundum Universal (up 3.6%) and Graphite India (up 1.6%).

V GUARD IND. (down 0.7%) and L&T (down 0.7%) are among the top losers today.

Over the last one year, GMM PFAUDLER has moved down from Rs 1,847.7 to Rs 1,441.1, registering a loss of Rs 406.7 (down 22.0%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,961.7 to 71,989.1, registering a gain of 50.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 132.5%), Siemens (up 117.2%) and Bharat Electronics (up 108.4%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,763.4 (down 0.3%).

The top losers among the BSE Sensex today are M&M (down 1.9%) and Bajaj Finance (down 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 25,033.2 (down 0.4%). Bajaj Auto and M&M are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,473.1 to 81,763.4, registering a gain of 15,290.3 points (up 23.0%).

GMM PFAUDLER Financial Update...

GMM PFAUDLER net profit fell 52.2% YoY to Rs 239 million for the quarter ended June 2024, compared to a profit of Rs 500 million a year ago. Net sales declined 13.9% to Rs 7,852 million during the period as against Rs 9,123 million in April-June 2023.

For the year ended March 2024, GMM PFAUDLER reported 17.2% decrease in net profit to Rs 1,741 million compared to net profit of Rs 2,104 million during FY23. Revenue of the company grew 8.5% to Rs 34,465 million during FY24.

The current Price to earnings ratio of GMM PFAUDLER, based on rolling 12 month earnings, stands at 42.2.


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