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?  

IGARASHI MOTORS Gains 5%; BSE CAPITAL GOODS Index Up 0.3%
Tue, 15 Oct 9:23

IGARASHI MOTORS Gains 5%; BSE CAPITAL GOODS Index Up 0.3%Image source: DNY59/www.istockphoto.com

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

What About the Benchmark Indices?

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 Financial Update...

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!