IGARASHI MOTORS share price has zoomed 5% and is presently trading at Rs 663.7.
Meanwhile, the BSE CAPITAL GOODS index is at 72,301.6 (up 0.3%).
Among the top gainers in the BSE CAPITAL GOODS index today are Carborundum Universal (up 2.6%) and Lakshmi Machine (up 1.7%).
GRINDWELL NORTON (down 0.2%) and V GUARD IND. (down 0.1%) are among the top losers today.
Over the last one year, IGARASHI MOTORS has moved up from Rs 614.4 to Rs 663.7, registering a gain of Rs 49.3 (up 8.0%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 47,961.7 to 72,301.6, registering a gain of 50.7% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 130.7%), Siemens (up 118.9%) and Bharat Electronics (up 108.0%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 82,207.1 (up 0.3%).
The top gainers among the BSE Sensex today are Asian Paints (up 1.4%) and Bharti Airtel (up 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..
In the meantime, NSE Nifty is at 25,198.5 (up 0.3%). Asian Paints and BPCL are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,473.1 to 82,207.1, registering a gain of 15,734.0 points (up 23.7%).
IGARASHI MOTORS net profit grew 472.2% YoY to Rs 82 million for the quarter ended June 2024, compared to a profit of Rs 14 million a year ago. Net sales rose 32.0% to Rs 2,221 million during the period as against Rs 1,683 million in April-June 2023.
For the year ended March 2024, IGARASHI MOTORS reported 82.8% increase in net profit to Rs 96 million compared to net profit of Rs 52 million during FY23. Revenue of the company grew 10.5% to Rs 7,250 million during FY24.
The current Price to earnings ratio of IGARASHI MOTORS, based on rolling 12 month earnings, stands at 128.1.
Equitymaster requests your view! Post a comment on "IGARASHI MOTORS Gains 5%; BSE CAPITAL GOODS Index Up 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!