IFGL REFRACTORIES share price has plunged 9% and is presently trading at Rs 536.7.
Meanwhile, the BSE METAL index is at 30,886.2 (down 0.3%).
Among the top losers in the BSE METAL index today are NMDC (down 1.6%) and Hindustan Zinc (down 0.8%).
APOLLO TUBES (up 1.2%) and Vedanta (up 0.5%) are among the top gainers today.
Over the last one year, IFGL REFRACTORIES has moved down from Rs 623.2 to Rs 536.7, registering a loss of Rs 86.4 (down 13.9%).
On the other hand, the BSE METAL index has moved up from 22,719.1 to 30,886.2, registering a gain of 35.9% during the last 12 months.
The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 93.5%), Hindustan Zinc (up 71.5%) and Jindal Steel (up 47.4%).
For Investors: Our Big Prediction
The BSE Sensex is at 79,305.8 (down 0.2%).
The top losers among the BSE Sensex today are Asian Paints (down 8.1%) and Axis Bank (down 1.1%). The most traded stocks in the BSE Sensex are Tata Motors and Tata Steel.
In the meantime, NSE Nifty is at 24,099.2 (down 0.2%). Asian Paints and Axis Bank are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 64,942.4 to 79,305.8, registering a gain of 14,363.4 points (up 22.1%).
IFGL REFRACTORIES net profit fell 68.2% YoY to Rs 121 million for the quarter ended September 2024, compared to a profit of Rs 380 million a year ago. Net sales declined 9.7% to Rs 4,111 million during the period as against Rs 4,555 million in July-September 2023.
For the year ended March 2024, IFGL REFRACTORIES reported 3.1% increase in net profit to Rs 817 million compared to net profit of Rs 792 million during FY23. Revenue of the company grew 18.2% to Rs 16,395 million during FY24.
The current Price to earnings ratio of IFGL REFRACTORIES , based on rolling 12 month earnings, stands at 38.1.
Equitymaster requests your view! Post a comment on "IFGL REFRACTORIES Plunges 9%; BSE METAL Index Down 0.3%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!