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Jyoti Structure Plunges 5%; BSE CAPITAL GOODS Index Down 0.3%
Thu, 17 Oct 13:30

Jyoti Structure Plunges 5%; BSE CAPITAL GOODS Index Down 0.3%Image source: phive2015/www.istockphoto.com

Jyoti Structure share price has plunged 5% and is presently trading at Rs 31.3.

Meanwhile, the BSE CAPITAL GOODS index is at 72,150.9 (down 0.3%).

Among the top losers in the BSE CAPITAL GOODS index today are BHEL (down 4.2%) and Siemens (down 2.7%).

V GUARD IND. (up 1.2%) and L&T (up 1.1%) are among the top gainers today.

Over the last one year, Jyoti Structure has moved up from Rs 14.6 to Rs 31.3, registering a gain of Rs 16.7 (up 114.2%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,111.6 to 72,150.9, registering a gain of 50.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 131.6%), Siemens (up 115.6%) and Bharat Electronics (up 108.4%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,042.9 (down 0.6%).

The top losers among the BSE Sensex today are Nestle (down 3.2%) and M&M (down 2.9%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 24,772.0 (down 0.8%). Bajaj Auto and Shriram Transport are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,042.9, registering a gain of 14,876.0 points (up 22.5%).

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 87.2.


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