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GOLDSTONE INFRA Gains 5%; BSE AUTO Index Up 0.4%
Wed, 27 Nov 15:21

GOLDSTONE INFRA Gains 5%; BSE AUTO Index Up 0.4%Image source: Eoneren/www.istockphoto.com

GOLDSTONE INFRA share price has zoomed 5% and is presently trading at Rs 1,572.0.

Meanwhile, the BSE AUTO index is at 53,121.7 (up 0.4%).

Among the top gainers in the BSE AUTO index today are Ashok Leyland (up 1.4%) and Maruti Suzuki (up 1.1%).

Motherson Sumi (down 1.7%) and TUBE INVESTMENTS OF INDIA (down 1.4%) are among the top losers today.

Over the last one year, GOLDSTONE INFRA has moved up from Rs 1,213.2 to Rs 1,572.0, registering a gain of Rs 358.8 (up 29.6%).

On the other hand, the BSE AUTO index has moved up from 39,243.6 to 53,121.7, registering a gain of 35.4% during the last 12 months.

The top gainers among the BSE AUTO index stocks during this same period were M&M (up 91.7%), Cummins India (up 86.7%) and Motherson Sumi (up 81.8%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,236.3 (up 0.3%).

The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 6.6%) and NTPC (up 2.1%). The most traded stocks in the BSE Sensex are MUNDRA PORT & SEZ and NTPC.

In the meantime, NSE Nifty is at 24,274.1 (up 0.3%). Adani Enterprises and MUNDRA PORT & SEZ are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 80,236.3, registering a gain of 14,062.1 points (up 21.3%).

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 128.9.


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