GRAVITA INDIA share price has zoomed 6% and is presently trading at Rs 2,319.0.
Meanwhile, the BSE METAL index is at 31,095.0 .
Among the top gainers in the BSE METAL index today are Hindustan Zinc (up 1.7%) and APOLLO TUBES (up 1.5%).
Vedanta (down 4.8%) and JSW Steel are among the top losers today.
Over the last one year, GRAVITA INDIA has moved up from Rs 783.6 to Rs 2,319.0, registering a gain of Rs 1,535.5 (up 196.0%).
On the other hand, the BSE METAL index has moved up from 23,127.8 to 31,095.0, registering a gain of 34.4% during the last 12 months.
The top gainers among the BSE METAL index stocks during this same period were Coal India (up 90.4%), Vedanta (up 81.6%) and Hindustan Zinc (up 51.9%).
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The BSE Sensex is at 81,691.1 (up 0.2%).
The top gainers among the BSE Sensex today are Power Grid Corp. (up 1.4%) and Bharti Airtel (up 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.
In the meantime, NSE Nifty is at 25,007.0 (up 0.3%). Power Grid Corp. and Divis Laboratories are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,880.5 to 81,691.1, registering a gain of 15,810.6 points (up 24.0%).
GRAVITA INDIA net profit grew 29.4% YoY to Rs 680 million for the quarter ended June 2024, compared to a profit of Rs 526 million a year ago. Net sales rose 29.1% to Rs 9,079 million during the period as against Rs 7,034 million in April-June 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 62.1.
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