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PNC INFRATECH Gains 5%; BSE CAPITAL GOODS Index Up 0.0%
Wed, 16 Oct 9:21

PNC INFRATECH Gains 5%; BSE CAPITAL GOODS Index Up 0.0%Image source: phive2015/www.istockphoto.com

PNC INFRATECH share price has zoomed 5% and is presently trading at Rs 469.7.

Meanwhile, the BSE CAPITAL GOODS index is at 72,371.8 .

Among the top gainers in the BSE CAPITAL GOODS index today are Carborundum Universal (up 2.7%) and AIA Engineering (up 1.2%).

SCHAEFFLER INDIA (down 0.8%) and Graphite India (down 0.7%) are among the top losers today.

Over the last one year, PNC INFRATECH has moved up from Rs 365.7 to Rs 469.7, registering a gain of Rs 104.0 (up 28.4%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,111.6 to 72,371.8, registering a gain of 50.4% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 135.3%), Siemens (up 118.6%) and Bharat Electronics (up 110.2%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 81,618.2 (down 0.2%).

The top losers among the BSE Sensex today are TCS (down 1.0%) and Kotak Bank (down 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,017.1 (down 0.2%). Nestle and Ultratech Cement are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,618.2, registering a gain of 15,451.2 points (up 23.4%).

PNC INFRATECH Financial Update...

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 2024, PNC INFRATECH reported 38.1% increase in net profit to Rs 9,094 million compared to net profit of Rs 6,585 million during FY23. Revenue of the company grew 8.7% to Rs 86,499 million during FY24.

The current Price to earnings ratio of PNC INFRATECH, based on rolling 12 month earnings, stands at 9.2.


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