SUNFLAG IRON & STEEL COMPANY share price has zoomed 3% and is presently trading at Rs 237.1.
Meanwhile, the BSE METAL index is at 34,428.7 .
Among the top gainers in the BSE METAL index today are APOLLO TUBES (up 1.1%) and Hindalco (up 0.6%).
Coal India (down 0.6%) and Jindal Steel (down 0.4%) are among the top losers today.
Over the last one year, SUNFLAG IRON & STEEL COMPANY has moved up from Rs 195.2 to Rs 237.1, registering a gain of Rs 41.9 (up 21.4%).
On the other hand, the BSE METAL index has moved up from 23,025.5 to 34,428.7, registering a gain of 49.5% during the last 12 months.
The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 122.3%), Coal India (up 71.1%) and Hindustan Zinc (up 70.7%).
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The BSE Sensex is at 82,382.1 (down 0.1%).
The top losers among the BSE Sensex today are Bajaj Finance (down 1.6%) and NTPC (down 1.1%). The most traded stocks in the BSE Sensex are Axis Bank and Tata Steel.
In the meantime, NSE Nifty is at 25,213.7 (down 0.1%). BPCL and IOC are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 82,382.1, registering a gain of 16,870.0 points (up 25.8%).
SUNFLAG IRON & STEEL COMPANY net profit grew 9.7% YoY to Rs 276 million for the quarter ended June 2024, compared to a profit of Rs 252 million a year ago. Net sales rose 14.1% to Rs 8,947 million during the period as against Rs 7,845 million in April-June 2023.
For the year ended March 2024, SUNFLAG IRON & STEEL COMPANY reported 87.3% decrease in net profit to Rs 1,417 million compared to net profit of Rs 11,144 million during FY23. Revenue of the company fell 2.1% to Rs 34,153 million during FY24.
The current Price to earnings ratio of SUNFLAG IRON & STEEL COMPANY, based on rolling 12 month earnings, stands at 29.6.
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