NALWA SONS INV share price has zoomed 6% and is presently trading at Rs 6,630.1.
Meanwhile, the BSE METAL index is at 33,158.0 (up 1.7%).
Among the top gainers in the BSE METAL index today are Jindal Steel (up 4.2%) and NMDC (up 3.2%).
Hindustan Zinc (down 0.8%) is among the top losers today.
Over the last one year, NALWA SONS INV has moved up from Rs 2,609.7 to Rs 6,630.1, registering a gain of Rs 4,020.4 (up 154.1%).
On the other hand, the BSE METAL index has moved up from 23,515.5 to 33,158.0, registering a gain of 41.0% during the last 12 months.
The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 108.7%), Coal India (up 57.4%) and Hindustan Zinc (up 56.6%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 81,327.9 (up 0.4%).
The top gainers among the BSE Sensex today are Axis Bank (up 6.0%) and Tata Motors (up 2.6%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,858.1 (up 0.4%). Axis Bank and Wipro are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,327.9, registering a gain of 15,160.9 points (up 22.9%).
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 50.0.
Equitymaster requests your view! Post a comment on "NALWA SONS INV Gains 6%; BSE METAL Index Up 1.7%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!