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JAI BALAJI INDUS Gains 4%; BSE METAL Index Up 0.0%
Tue, 26 Nov 9:21

JAI BALAJI INDUS Gains 4%; BSE METAL Index Up 0.0%Image source: Kameleon007 /www.istockphoto.com

JAI BALAJI INDUS share price has zoomed 4% and is presently trading at Rs 968.3.

Meanwhile, the BSE METAL index is at 30,285.2 .

Among the top gainers in the BSE METAL index today are APOLLO TUBES (up 1.1%) and Coal India (up 0.2%).

JSW Steel (down 0.3%) and Jindal Steel (down 0.3%) are among the top losers today.

Over the last one year, JAI BALAJI INDUS has moved up from Rs 610.3 to Rs 968.3, registering a gain of Rs 358.0 (up 58.7%).

On the other hand, the BSE METAL index has moved up from 23,633.2 to 30,285.2, registering a gain of 28.1% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 87.7%), Hindustan Zinc (up 66.1%) and Jindal Steel (up 34.2%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,329.3 (up 0.3%).

The top gainers among the BSE Sensex today are Infosys (up 1.6%) and Bharti Airtel (up 1.3%). The most traded stocks in the BSE Sensex are HDFC Bank and ITC.

In the meantime, NSE Nifty is at 24,310.4 (up 0.4%). Infosys and Bharat Electronics are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,023.2 to 80,329.3, registering a gain of 14,306.1 points (up 21.7%).

JAI BALAJI INDUS Financial Update...

JAI BALAJI INDUS net profit fell 24.0% YoY to Rs 1,532 million for the quarter ended September 2024, compared to a profit of Rs 2,016 million a year ago. Net sales rose 0.6% to Rs 15,566 million during the period as against Rs 15,466 million in July-September 2023.

For the year ended March 2024, JAI BALAJI INDUS reported 1421.1% increase in net profit to Rs 8,796 million compared to net profit of Rs 578 million during FY23. Revenue of the company grew 4.7% to Rs 64,138 million during FY24.

The current Price to earnings ratio of JAI BALAJI INDUS, based on rolling 12 month earnings, stands at 20.3.


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