Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

GRAVITA INDIA Gains 5%; BSE METAL Index Up 0.8%
Wed, 6 Nov 13:9

GRAVITA INDIA Gains 5%; BSE METAL Index Up 0.8%Image source: Chunumunu/www.istockphoto.com

GRAVITA INDIA share price has zoomed 5% and is presently trading at Rs 2,229.9.

Meanwhile, the BSE METAL index is at 31,949.6 (up 0.8%).

Among the top gainers in the BSE METAL index today are SAIL (up 3.0%) and Hindalco (up 2.1%).

Hindustan Zinc (down 7.8%) and Coal India (down 0.6%) are among the top losers today.

Over the last one year, GRAVITA INDIA has moved up from Rs 1,123.6 to Rs 2,229.9, registering a gain of Rs 1,106.3 (up 98.5%).

On the other hand, the BSE METAL index has moved up from 22,728.7 to 31,949.6, registering a gain of 40.6% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 101.7%), Hindustan Zinc (up 74.0%) and Jindal Steel (up 52.3%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,184.2 (up 0.9%).

The top gainers among the BSE Sensex today are TCS (up 3.8%) and HCl Tech. (up 3.7%). The most traded stocks in the BSE Sensex are ITC and Tata Steel.

In the meantime, NSE Nifty is at 24,427.4 (up 0.9%). Bharat Electronics and Adani Enterprises are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 80,184.2, registering a gain of 15,225.6 points (up 23.4%).

GRAVITA INDIA Financial Update...

GRAVITA INDIA net profit grew 22.2% YoY to Rs 719 million for the quarter ended September 2024, compared to a profit of Rs 588 million a year ago. Net sales rose 10.9% to Rs 9,274 million during the period as against Rs 8,362 million in July-September 2023.

For the year ended March 2024, GRAVITA INDIA reported 18.7% increase in net profit to Rs 2,423 million compared to net profit of Rs 2,041 million during FY23. Revenue of the company grew 12.9% to Rs 31,608 million during FY24.

The current Price to earnings ratio of GRAVITA INDIA, based on rolling 12 month earnings, stands at 56.8.


Equitymaster requests your view! Post a comment on "GRAVITA INDIA Gains 5%; BSE METAL Index Up 0.8%". Click here!