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KACHCHH MINERALS Gains 12%; BSE METAL Index Up 0.3%
Tue, 19 Nov 10:5

KACHCHH MINERALS Gains 12%; BSE METAL Index Up 0.3%Image source: Kameleon007 /www.istockphoto.com

KACHCHH MINERALS share price has zoomed 12% and is presently trading at Rs 28.4.

Meanwhile, the BSE METAL index is at 30,153.8 (up 0.3%).

Among the top gainers in the BSE METAL index today are Coal India (up 1.0%) and SAIL (up 0.9%).

Jindal Steel (down 0.3%) and Hindalco (down 0.1%) are among the top losers today.

Over the last one year, KACHCHH MINERALS has moved down from Rs 29.5 to Rs 28.4, registering a loss of Rs 1.2 (down 4.0%).

On the other hand, the BSE METAL index has moved up from 23,838.4 to 30,153.8, registering a gain of 26.5% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 86.4%), Hindustan Zinc (up 63.7%) and Jindal Steel (up 36.2%).

Revealed: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 78,074.3 (up 1.0%).

The top gainers among the BSE Sensex today are M&M (up 3.1%) and Tech Mahindra (up 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 23,675.7 (up 1.0%). Trent and M&M are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 78,074.3, registering a gain of 12,398.4 points (up 18.9%).

KACHCHH MINERALS Financial Update...

KACHCHH MINERALS net profit fell 72.5% YoY to Rs 1 million for the quarter ended June 2024, compared to a profit of Rs 2 million a year ago. Net sales declined 55.0% to Rs 3 million during the period as against Rs 7 million in April-June 2023.

For the year ended March 2024, KACHCHH MINERALS reported 752.1% increase in net profit to Rs 6 million compared to net loss of Rs 1 million during FY23. Revenue of the company grew 325.4% to Rs 26 million during FY24.

The current Price to earnings ratio of KACHCHH MINERALS, based on rolling 12 month earnings, stands at 32.0.


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