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GOLDSTONE INFRA Gains 4%; BSE AUTO Index Down 0.5%
Tue, 17 Sep 10:57

GOLDSTONE INFRA Gains 4%; BSE AUTO Index Down 0.5%Image source: asbe/www.istockphoto.com

GOLDSTONE INFRA share price has zoomed 4% and is presently trading at Rs 1,672.0.

Meanwhile, the BSE AUTO index is at 58,001.4 (down 0.5%).

Among the top gainers in the BSE AUTO index today are TUBE INVESTMENTS OF INDIA (up 1.5%) and Hero Motocorp (up 0.9%).

Ashok Leyland (down 2.2%) and Tata Motors (down 2.1%) are among the top losers today.

Over the last one year, GOLDSTONE INFRA has moved up from Rs 1,179.6 to Rs 1,672.0, registering a gain of Rs 492.4 (up 41.7%).

On the other hand, the BSE AUTO index has moved up from 36,274.9 to 58,001.4, registering a gain of 59.9% during the last 12 months.

The top gainers among the BSE AUTO index stocks during this same period were Bajaj Auto (up 144.8%), Cummins India (up 121.1%) and Motherson Sumi (up 96.8%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 82,984.8 .

The top losers among the BSE Sensex today are Tata Motors (down 2.1%) and MUNDRA PORT & SEZ (down 1.1%). The most traded stocks in the BSE Sensex are Tata Motors and Tata Steel.

In the meantime, NSE Nifty is at 25,412.3 (up 0.1%). Hero Motocorp and Divis Laboratories are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 67,467.0 to 82,984.8, registering a gain of 15,517.8 points (up 23.0%).

GOLDSTONE INFRA Financial Update...

GOLDSTONE INFRA net profit grew 4.4% YoY to Rs 207 million for the quarter ended June 2024, compared to a profit of Rs 198 million a year ago. Net sales rose 45.3% to Rs 3,139 million during the period as against Rs 2,160 million in April-June 2023.

For the year ended March 2024, GOLDSTONE INFRA reported 17.6% increase in net profit to Rs 787 million compared to net profit of Rs 669 million during FY23. Revenue of the company grew 5.8% to Rs 11,541 million during FY24.

The current Price to earnings ratio of GOLDSTONE INFRA, based on rolling 12 month earnings, stands at 191.9.


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