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 9%; BSE CAPITAL GOODS Index Up 1.0%
Thu, 12 Sep 14:9

SYRMA SGS TECHNOLOGY Gains 9%; BSE CAPITAL GOODS Index Up 1.0%Image source: Eoneren/www.istockphoto.com

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

What About the Benchmark Indices?

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 Financial Update...

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!