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Texmaco Infra Gains 7%; BSE CAPITAL GOODS Index Down 1.3%
Mon, 28 Oct 9:57

Texmaco Infra Gains 7%; BSE CAPITAL GOODS Index Down 1.3%Image source: hudiemm/www.istockphoto.com

Texmaco Infra share price has zoomed 7% and is presently trading at Rs 115.8.

Meanwhile, the BSE CAPITAL GOODS index is at 65,579.5 (down 1.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are Thermax (up 1.1%) and Honeywell Automation (up 0.1%).

GRINDWELL NORTON (down 3.4%) and GMR Infra (down 3.2%) are among the top losers today.

Over the last one year, Texmaco Infra has moved up from Rs 78.5 to Rs 115.8, registering a gain of Rs 37.3 (up 47.4%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 45,605.4 to 65,579.5, registering a gain of 43.8% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 127.9%), Bharat Electronics (up 105.6%) and Siemens (up 97.3%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,542.3 (up 0.2%).

The top gainers among the BSE Sensex today are ICICI Bank (up 2.8%) and SBI (up 1.8%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.

In the meantime, NSE Nifty is at 24,257.1 (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 79,542.3, registering a gain of 15,493.2 points (up 24.2%).

Texmaco Infra Financial Update...

Texmaco Infra net profit grew 19.4% YoY to Rs 25 million for the quarter ended September 2024, compared to a profit of Rs 21 million a year ago. Net sales declined 8.4% to Rs 48 million during the period as against Rs 52 million in July-September 2023.

For the year ended March 2024, Texmaco Infra reported 28.5% increase in net profit to Rs 40 million compared to net profit of Rs 31 million during FY23. Revenue of the company fell 2.7% to Rs 161 million during FY24.

The current Price to earnings ratio of Texmaco Infra, based on rolling 12 month earnings, stands at 351.9.


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