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POCL ENTERPRISES Gains 10%; BSE METAL Index Up 0.3%
Wed, 3 Jul 11:54

POCL ENTERPRISES Gains 10%; BSE METAL Index Up 0.3%Image source: alexsl/www.istockphoto.com

POCL ENTERPRISES share price has zoomed 10% and is presently trading at Rs 517.9.

Meanwhile, the BSE METAL index is at 33,319.7 (up 0.3%).

Among the top gainers in the BSE METAL index today are NMDC (up 1.8%) and SAIL (up 1.3%).

Hindalco (down 1.0%) and APOLLO TUBES (down 0.3%) are among the top losers today.

Over the last one year, POCL ENTERPRISES has moved up from Rs 175.0 to Rs 517.9, registering a gain of Rs 343.0 (up 196.0%).

On the other hand, the BSE METAL index has moved up from 20,790.0 to 33,319.7, registering a gain of 60.3% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were NMDC (up 131.5%), Hindustan Zinc (up 111.0%) and Coal India (up 108.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,882.4 (up 0.6%).

The top gainers among the BSE Sensex today are HDFC Bank (up 3.1%) and Axis Bank (up 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 24,261.3 (up 0.6%). HDFC Bank and Tata Consumer Products are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,205.1 to 79,882.4, registering a gain of 14,677.4 points (up 22.5%).

POCL ENTERPRISES Financial Update...

POCL ENTERPRISES net profit grew 298.9% YoY to Rs 71 million for the quarter ended March 2024, compared to a profit of Rs 18 million a year ago. Net sales rose 26.7% to Rs 3,077 million during the period as against Rs 2,429 million in January-March 2023.

For the year ended March 2023, POCL ENTERPRISES reported 282.4% increase in net profit to Rs 129 million compared to net profit of Rs 34 million during FY22. Revenue of the company grew 75.6% to Rs 8,744 million during FY23.

The current Price to earnings ratio of POCL ENTERPRISES, based on rolling 12 month earnings, stands at 15.9.


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