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GOLDSTONE INFRA Gains 5%; BSE AUTO Index Down 0.1%
Tue, 25 Jun 11:32

GOLDSTONE INFRA Gains 5%; BSE AUTO Index Down 0.1%Image source: Sefa Ozel/www.istockphoto.com

GOLDSTONE INFRA share price has zoomed 5% and is presently trading at Rs 1,834.4.

Meanwhile, the BSE AUTO index is at 57,460.4 (down 0.1%).

Among the top gainers in the BSE AUTO index today are Motherson Sumi (up 2.8%) and Bosch (up 1.5%).

TUBE INVESTMENTS OF INDIA (down 2.1%) and Escorts (down 1.3%) are among the top losers today.

Over the last one year, GOLDSTONE INFRA has moved up from Rs 955.7 to Rs 1,834.4, registering a gain of Rs 878.7 (up 91.9%).

On the other hand, the BSE AUTO index has moved up from 34,139.4 to 57,460.4, registering a gain of 68.3% during the last 12 months.

The top gainers among the BSE AUTO index stocks during this same period were Motherson Sumi (up 125.4%), Cummins India (up 116.3%) and M&M (up 111.6%).

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

What About the Benchmark Indices?

The BSE Sensex is at 77,545.2 (up 0.3%).

The top gainers among the BSE Sensex today are Ultratech Cement (up 1.6%) and Axis Bank (up 1.5%). The most traded stocks in the BSE Sensex are ICICI Bank and HDFC Bank.

In the meantime, NSE Nifty is at 23,573.3 (up 0.2%). Axis Bank and Ultratech Cement are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,523.2 to 77,545.2, registering a gain of 14,022.0 points (up 22.1%).

GOLDSTONE INFRA Financial Update...

GOLDSTONE INFRA net profit fell 56.8% YoY to Rs 113 million for the quarter ended March 2024, compared to a profit of Rs 261 million a year ago. Net sales declined 23.2% to Rs 2,888 million during the period as against Rs 3,759 million in January-March 2023.

For the year ended March 2023, GOLDSTONE INFRA reported 89.2% increase in net profit to Rs 669 million compared to net profit of Rs 354 million during FY22. Revenue of the company grew 83.9% to Rs 10,908 million during FY23.

The current Price to earnings ratio of GOLDSTONE INFRA, based on rolling 12 month earnings, stands at 213.1.


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