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NALWA SONS INV Gains 11%; BSE METAL Index Down 0.0%
Tue, 12 Nov 11:27

NALWA SONS INV Gains 11%; BSE METAL Index Down 0.0%Image source: Sefa Ozel/www.istockphoto.com

NALWA SONS INV share price has zoomed 11% and is presently trading at Rs 8,098.0.

Meanwhile, the BSE METAL index is at 30,682.2 .

Among the top gainers in the BSE METAL index today are Tata Steel (up 1.1%) and APOLLO TUBES (up 0.6%).

NMDC (down 1.9%) and JSW Steel (down 0.6%) are among the top losers today.

Over the last one year, NALWA SONS INV has moved up from Rs 2,756.3 to Rs 8,098.0, registering a gain of Rs 5,341.8 (up 193.8%).

On the other hand, the BSE METAL index has moved up from 22,839.7 to 30,682.2, registering a gain of 34.3% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 91.3%), Hindustan Zinc (up 70.3%) and Jindal Steel (up 43.8%).

For Investors: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 79,494.1 .

The top losers among the BSE Sensex today are HDFC Bank (down 1.6%) and Tata Motors (down 1.5%). The most traded stocks in the BSE Sensex are Tata Motors and Tata Steel.

In the meantime, NSE Nifty is at 24,156.2 (up 0.1%). Trent and Sun Pharma are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,975.6 to 79,494.1, registering a gain of 14,518.5 points (up 22.3%).

NALWA SONS INV Financial Update...

NALWA SONS INV net profit grew 78.9% YoY to Rs 291 million for the quarter ended June 2024, compared to a profit of Rs 163 million a year ago. Net sales rose 57.5% to Rs 396 million during the period as against Rs 252 million in April-June 2023.

For the year ended March 2024, NALWA SONS INV reported 39.2% decrease in net profit to Rs 563 million compared to net profit of Rs 926 million during FY23. Revenue of the company fell 36.3% to Rs 836 million during FY24.

The current Price to earnings ratio of NALWA SONS INV, based on rolling 12 month earnings, stands at 61.1.


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