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GOLDSTONE INFRA Gains 4%; BSE AUTO Index Up 2.0%
Mon, 25 Nov 9:39

GOLDSTONE INFRA Gains 4%; BSE AUTO Index Up 2.0%Image source: Chunumunu/www.istockphoto.com

GOLDSTONE INFRA share price has zoomed 4% and is presently trading at Rs 1,442.1.

Meanwhile, the BSE AUTO index is at 54,232.5 (up 2.0%).

Among the top gainers in the BSE AUTO index today are Cummins India (up 3.8%) and M&M (up 3.1%).

Over the last one year, GOLDSTONE INFRA has moved up from Rs 1,269.1 to Rs 1,442.1, registering a gain of Rs 173.1 (up 13.6%).

On the other hand, the BSE AUTO index has moved up from 38,411.1 to 54,232.5, registering a gain of 41.2% during the last 12 months.

The top gainers among the BSE AUTO index stocks during this same period were M&M (up 99.0%), Motherson Sumi (up 92.3%) and Cummins India (up 84.3%).

Don't Miss: Key Information for Long-term Investors

What About the Benchmark Indices?

The BSE Sensex is at 80,415.9 (up 1.6%).

The top gainers among the BSE Sensex today are L&T (up 3.6%) and MUNDRA PORT & SEZ (up 3.1%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 24,287.0 (up 1.6%). Bharat Electronics and Shriram Transport are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,930.8 to 80,415.9, registering a gain of 14,485.1 points (up 22.0%).

GOLDSTONE INFRA Financial Update...

GOLDSTONE INFRA net profit grew 166.2% YoY to Rs 457 million for the quarter ended September 2024, compared to a profit of Rs 172 million a year ago. Net sales rose 70.5% to Rs 5,237 million during the period as against Rs 3,072 million in July-September 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 118.3.


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