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V GUARD IND. Gains 8%; BSE CAPITAL GOODS Index Up 0.4%
Tue, 19 Nov 15:44

V GUARD IND. Gains 8%; BSE CAPITAL GOODS Index Up 0.4%Image source: asbe/www.istockphoto.com

V GUARD IND. share price has zoomed 8% and is presently trading at Rs 427.0.

Meanwhile, the BSE CAPITAL GOODS index is at 66,327.9 (up 0.4%).

Among the top gainers in the BSE CAPITAL GOODS index today are SKF India (up 5.3%) and TIMKEN INDIA (up 3.2%).

Thermax (down 5.4%) and ADANI GREEN ENERGY (down 3.1%) are among the top losers today.

Over the last one year, V GUARD IND. has moved up from Rs 288.5 to Rs 427.0, registering a gain of Rs 138.5 (up 48.0%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,474.9 to 66,327.9, registering a gain of 36.8% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 94.0%), HINDUSTAN AERO. (up 93.8%) and Siemens (up 89.7%).

Revealed: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 77,578.4 (up 0.3%).

The top gainers among the BSE Sensex today are M&M (up 3.1%) and Tech Mahindra (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 23,518.5 (up 0.3%). M&M and Tech Mahindra are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 77,578.4, registering a gain of 11,902.5 points (up 18.1%).

V GUARD IND. Financial Update...

V GUARD IND. net profit grew 7.5% YoY to Rs 634 million for the quarter ended September 2024, compared to a profit of Rs 590 million a year ago. Net sales rose 14.1% to Rs 12,940 million during the period as against Rs 11,338 million in July-September 2023.

For the year ended March 2024, V GUARD IND. reported 36.2% increase in net profit to Rs 2,576 million compared to net profit of Rs 1,891 million during FY23. Revenue of the company grew 17.7% to Rs 48,567 million during FY24.

The current Price to earnings ratio of V GUARD IND., based on rolling 12 month earnings, stands at 62.6.


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