PITTI LAMINATIONS share price has zoomed 6% and is presently trading at Rs 1,161.7.
Meanwhile, the BSE CAPITAL GOODS index is at 73,971.3 (up 0.3%).
Among the top gainers in the BSE CAPITAL GOODS index today are Honeywell Automation (up 0.9%) and GMR Infra (up 0.8%).
TIMKEN INDIA (down 0.8%) and Finolex Cables (down 0.7%) are among the top losers today.
Over the last one year, PITTI LAMINATIONS has moved up from Rs 370.5 to Rs 1,161.7, registering a gain of Rs 791.2 (up 213.5%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 40,540.3 to 73,971.3, registering a gain of 82.5% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 253.9%), HINDUSTAN AERO. (up 191.8%) and Bharat Electronics (up 155.2%).
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The BSE Sensex is at 80,160.9 (up 0.2%).
The top gainers among the BSE Sensex today are HCl Tech. (up 2.6%) and ICICI Bank (up 1.8%). The most traded stocks in the BSE Sensex are Tata Motors and HDFC Bank.
In the meantime, NSE Nifty is at 24,339.0 (up 0.2%). HCl Tech. and ICICI Bank are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,205.1 to 80,160.9, registering a gain of 14,955.9 points (up 22.9%).
PITTI LAMINATIONS net profit grew 62.5% YoY to Rs 404 million for the quarter ended March 2024, compared to a profit of Rs 248 million a year ago. Net sales rose 32.5% to Rs 3,279 million during the period as against Rs 2,475 million in January-March 2023.
For the year ended March 2023, PITTI LAMINATIONS reported 13.4% increase in net profit to Rs 588 million compared to net profit of Rs 519 million during FY22. Revenue of the company grew 15.8% to Rs 9,690 million during FY23.
The current Price to earnings ratio of PITTI LAMINATIONS, based on rolling 12 month earnings, stands at 41.3.
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