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POPULAR VEHICLES & SERVICES LTD. Gains 6%; BSE AUTO Index Down 1.0%
Thu, 1 Aug 12:15

POPULAR VEHICLES & SERVICES LTD. Gains 6%; BSE AUTO Index Down 1.0%Image source: Chunumunu/www.istockphoto.com

POPULAR VEHICLES & SERVICES LTD. share price has zoomed 6% and is presently trading at Rs 255.0.

Meanwhile, the BSE AUTO index is at 59,612.4 (down 1.0%).

Among the top gainers in the BSE AUTO index today are TVS Motors (up 2.4%) and Balkrishna Ind (up 1.0%).

M&M (down 2.7%) and Ashok Leyland (down 2.5%) are among the top losers today.

Over the last one year, POPULAR VEHICLES & SERVICES LTD. has moved up from Rs 0.0 to Rs 255.0, registering a gain of Rs 255.0 .

On the other hand, the BSE AUTO index has moved up from 36,017.4 to 59,612.4, registering a gain of 65.5% during the last 12 months.

The top gainers among the BSE AUTO index stocks during this same period were Motherson Sumi (up 98.5%), Bajaj Auto (up 96.5%) and Cummins India (up 94.5%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 81,800.1 (up 0.1%).

The top gainers among the BSE Sensex today are Power Grid Corp. (up 3.2%) and NTPC (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,991.4 (up 0.2%). Power Grid Corp. and Coal India are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,800.1, registering a gain of 15,272.5 points (up 23.0%).

POPULAR VEHICLES & SERVICES LTD. Financial Update...

POPULAR VEHICLES & SERVICES LTD. net profit fell {profitpercent} YoY to Rs 201 million for the quarter ended March 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 13,637 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2023, POPULAR VEHICLES & SERVICES LTD. reported 90.3% increase in net profit to Rs 641 million compared to net profit of Rs 337 million during FY22. Revenue of the company grew 40.7% to Rs 48,750 million during FY23.


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