Jyoti Structure share price has plunged 4% and is presently trading at Rs 24.7.
Meanwhile, the BSE CAPITAL GOODS index is at 71,513.4 (down 0.6%).
Among the top losers in the BSE CAPITAL GOODS index today are SKF India (down 3.4%) and TIMKEN INDIA (down 2.2%).
V GUARD IND. (up 5.9%) and AIA Engineering (up 0.9%) are among the top gainers today.
Over the last one year, Jyoti Structure has moved up from Rs 11.4 to Rs 24.7, registering a gain of Rs 13.3 (up 116.2%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 43,332.6 to 71,513.4, registering a gain of 65.0% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 185.7%), HINDUSTAN AERO. (up 139.0%) and Bharat Electronics (up 125.7%).
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The BSE Sensex is at 79,064.1 (up 0.1%).
The top gainers among the BSE Sensex today are M&M (up 1.5%) and TCS (up 1.4%). The most traded stocks in the BSE Sensex are Tata Steel and Infosys.
In the meantime, NSE Nifty is at 24,157.1 (up 0.1%). TCS and M&M are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 79,064.1, registering a gain of 13,662.1 points (up 20.9%).
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 68.3.
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