SYRMA SGS TECHNOLOGY share price has zoomed 9% and is presently trading at Rs 458.5.
Meanwhile, the BSE CAPITAL GOODS index is at 72,131.4 (up 1.0%).
Among the top gainers in the BSE CAPITAL GOODS index today are Graphite India (up 2.6%) and BHEL (up 2.4%).
Lakshmi Machine (down 1.4%) and V GUARD IND. (down 0.8%) are among the top losers today.
Over the last one year, SYRMA SGS TECHNOLOGY has moved down from Rs 570.2 to Rs 458.5, registering a loss of Rs 111.7 (down 19.6%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 47,746.4 to 72,131.4, registering a gain of 51.1% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 126.6%), Bharat Electronics (up 101.5%) and BHEL (up 89.6%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 82,018.4 (up 0.6%).
The top gainers among the BSE Sensex today are NTPC (up 2.6%) and M&M (up 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 25,134.0 (up 0.9%). Hindalco and Shriram Transport are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 67,127.1 to 82,018.4, registering a gain of 14,891.4 points (up 22.2%).
SYRMA SGS TECHNOLOGY net profit fell 28.2% YoY to Rs 203 million for the quarter ended June 2024, compared to a profit of Rs 283 million a year ago. Net sales rose 92.9% to Rs 11,599 million during the period as against Rs 6,013 million in April-June 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 70.0.
Equitymaster requests your view! Post a comment on "SYRMA SGS TECHNOLOGY Gains 9%; BSE CAPITAL GOODS Index Up 1.0%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!