Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

SYRMA SGS TECHNOLOGY Gains 8%; BSE CAPITAL GOODS Index Down 0.3%
Mon, 28 Oct 9:23

SYRMA SGS TECHNOLOGY Gains 8%; BSE CAPITAL GOODS Index Down 0.3%Image source: phive2015/www.istockphoto.com

SYRMA SGS TECHNOLOGY share price has zoomed 8% and is presently trading at Rs 399.0.

Meanwhile, the BSE CAPITAL GOODS index is at 66,236.7 (down 0.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are Finolex Cables (up 1.2%) and Thermax (up 1.2%).

Carborundum Universal (down 3.2%) and Lakshmi Machine (down 2.4%) are among the top losers today.

Over the last one year, SYRMA SGS TECHNOLOGY has moved down from Rs 593.5 to Rs 399.0, registering a loss of Rs 194.6 (down 32.8%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 45,605.4 to 66,236.7, registering a gain of 45.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 130.4%), Bharat Electronics (up 109.9%) and Siemens (up 98.7%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,703.8 (up 0.4%).

The top gainers among the BSE Sensex today are ICICI Bank (up 2.6%) and NTPC (up 1.2%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.

In the meantime, NSE Nifty is at 24,249.7 (up 0.3%). Shriram Transport and ICICI Bank are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,049.1 to 79,703.8, registering a gain of 15,654.7 points (up 24.4%).

SYRMA SGS TECHNOLOGY Financial Update...

SYRMA SGS TECHNOLOGY net profit grew 29.9% YoY to Rs 396 million for the quarter ended September 2024, compared to a profit of Rs 305 million a year ago. Net sales rose 17.0% to Rs 8,327 million during the period as against Rs 7,117 million in July-September 2023.

For the year ended March 2024, SYRMA SGS TECHNOLOGY reported 1.0% increase in net profit to Rs 1,243 million compared to net profit of Rs 1,231 million during FY23. Revenue of the company grew 54.0% to Rs 31,538 million during FY24.

The current Price to earnings ratio of SYRMA SGS TECHNOLOGY, based on rolling 12 month earnings, stands at 56.5.


Equitymaster requests your view! Post a comment on "SYRMA SGS TECHNOLOGY Gains 8%; BSE CAPITAL GOODS Index Down 0.3%". Click here!