PNC INFRATECH share price has zoomed 10% and is presently trading at Rs 511.1.
Meanwhile, the BSE CAPITAL GOODS index is at 72,141.6 (down 0.5%).
Among the top gainers in the BSE CAPITAL GOODS index today are Graphite India (up 3.7%) and Lakshmi Machine (up 2.7%).
ADANI GREEN ENERGY (down 5.9%) and SKF India (down 1.7%) are among the top losers today.
Over the last one year, PNC INFRATECH has moved up from Rs 359.0 to Rs 511.1, registering a gain of Rs 152.1 (up 42.4%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 43,202.8 to 72,141.6, registering a gain of 67.0% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 204.6%), HINDUSTAN AERO. (up 149.6%) and Bharat Electronics (up 132.4%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 79,467.9 (down 0.3%).
The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 2.8%) and Power Grid Corp. (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and MUNDRA PORT & SEZ.
In the meantime, NSE Nifty is at 24,268.7 (down 0.4%). Adani Enterprises and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,846.5 to 79,467.9, registering a gain of 13,621.4 points (up 20.7%).
PNC INFRATECH net profit grew 218.4% YoY to Rs 5,752 million for the quarter ended June 2024, compared to a profit of Rs 1,806 million a year ago. Net sales rose 3.6% to Rs 21,675 million during the period as against Rs 20,917 million in April-June 2023.
For the year ended March 2023, PNC INFRATECH reported 13.4% increase in net profit to Rs 6,585 million compared to net profit of Rs 5,804 million during FY22. Revenue of the company grew 10.4% to Rs 79,561 million during FY23.
The current Price to earnings ratio of PNC INFRATECH, based on rolling 12 month earnings, stands at 10.1.
Equitymaster requests your view! Post a comment on "PNC INFRATECH Gains 10%; BSE CAPITAL GOODS Index Down 0.5%". 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!