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GMM PFAUDLER Plunges 7%; BSE CAPITAL GOODS Index Down 0.7%
Fri, 8 Nov 12:19

GMM PFAUDLER Plunges 7%; BSE CAPITAL GOODS Index Down 0.7%Image source: peterschreiber.media/www.istockphoto.com

GMM PFAUDLER share price has plunged 7% and is presently trading at Rs 1,284.6.

Meanwhile, the BSE CAPITAL GOODS index is at 69,629.4 (down 0.7%).

Among the top losers in the BSE CAPITAL GOODS index today are Graphite India (down 2.3%) and BHEL (down 2.1%).

Thermax (up 0.6%) and Siemens (up 0.6%) are among the top gainers today.

Over the last one year, GMM PFAUDLER has moved down from Rs 1,767.1 to Rs 1,284.6, registering a loss of Rs 482.5 (down 27.3%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,002.7 to 69,629.4, registering a gain of 48.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 128.7%), Bharat Electronics (up 117.2%) and Siemens (up 111.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,353.0 (down 0.2%).

The top losers among the BSE Sensex today are Asian Paints (down 2.6%) and ICICI Bank (down 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,119.5 (down 0.3%). Asian Paints and Coal India are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 79,353.0, registering a gain of 14,394.3 points (up 22.2%).

GMM PFAUDLER Financial Update...

GMM PFAUDLER net profit fell 74.4% YoY to Rs 173 million for the quarter ended September 2024, compared to a profit of Rs 675 million a year ago. Net sales declined 14.1% to Rs 8,054 million during the period as against Rs 9,375 million in July-September 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 57.4.


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