IRCON INTERNATIONAL share price has zoomed 7% and is presently trading at Rs 200.4.
Meanwhile, the BSE CAPITAL GOODS index is at 69,705.4 (up 3.4%).
Among the top gainers in the BSE CAPITAL GOODS index today are Bharat Electronics (up 5.0%) and Siemens (up 4.8%).
Thermax (down 1.3%) is among the top losers today.
Over the last one year, IRCON INTERNATIONAL has moved up from Rs 165.6 to Rs 200.4, registering a gain of Rs 34.8 (up 21.0%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 48,608.7 to 69,705.4, registering a gain of 43.4% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 106.3%), HINDUSTAN AERO. (up 100.3%) and Siemens (up 100.1%).
Don't Miss: Key Information for Long-term Investors
The BSE Sensex is at 80,414.4 (up 1.6%).
The top gainers among the BSE Sensex today are L&T (up 3.7%) and M&M (up 3.3%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..
In the meantime, NSE Nifty is at 24,287.0 (up 1.6%). Bharat Electronics and Shriram Transport are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,930.8 to 80,414.4, registering a gain of 14,483.6 points (up 22.0%).
IRCON INTERNATIONAL net profit fell 30.7% YoY to Rs 1,551 million for the quarter ended September 2024, compared to a profit of Rs 2,236 million a year ago. Net sales declined 19.3% to Rs 24,475 million during the period as against Rs 30,333 million in July-September 2023.
For the year ended March 2024, IRCON INTERNATIONAL reported 21.5% increase in net profit to Rs 9,295 million compared to net profit of Rs 7,652 million during FY23. Revenue of the company grew 18.9% to Rs 123,309 million during FY24.
The current Price to earnings ratio of IRCON INTERNATIONAL, based on rolling 12 month earnings, stands at 22.5.
Equitymaster requests your view! Post a comment on "IRCON INTERNATIONAL Gains 7%; BSE CAPITAL GOODS Index Up 3.4%". 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!