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Jyoti Structure Gains 9%; BSE CAPITAL GOODS Index Up 1.9%
Tue, 8 Oct 11:28

Jyoti Structure Gains 9%; BSE CAPITAL GOODS Index Up 1.9%Image source: asbe/www.istockphoto.com

Jyoti Structure share price has zoomed 9% and is presently trading at Rs 29.1.

Meanwhile, the BSE CAPITAL GOODS index is at 70,071.2 (up 1.9%).

Among the top gainers in the BSE CAPITAL GOODS index today are HINDUSTAN AERO. (up 4.3%) and Bharat Electronics (up 3.4%).

Thermax (down 0.9%) and GRINDWELL NORTON (down 0.7%) are among the top losers today.

Over the last one year, Jyoti Structure has moved up from Rs 14.6 to Rs 29.1, registering a gain of Rs 14.5 (up 99.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,570.0 to 70,071.2, registering a gain of 47.3% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 126.7%), BHEL (up 108.0%) and Siemens (up 106.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,472.3 (up 0.5%).

The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 2.6%) and M&M (up 2.4%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,964.2 (up 0.7%). Trent and Bharat Electronics are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,226.0 to 81,472.3, registering a gain of 16,246.2 points (up 24.9%).

Jyoti Structure Financial Update...

Jyoti Structure net profit grew 107.2% YoY to Rs 51 million for the quarter ended June 2024, compared to a profit of Rs 25 million a year ago. Net sales declined 52.3% to Rs 883 million during the period as against Rs 1,852 million in April-June 2023.

For the year ended March 2024, Jyoti Structure reported 808.6% increase in net profit to Rs 289 million compared to net loss of Rs 41 million during FY23. Revenue of the company grew 96.9% to Rs 4,514 million during FY24.

The current Price to earnings ratio of Jyoti Structure, based on rolling 12 month earnings, stands at 80.9.


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