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VRAJ IRON & STEEL LTD. Gains 6%; BSE METAL Index Up 2.8%
Tue, 24 Sep 14:29

VRAJ IRON & STEEL LTD. Gains 6%; BSE METAL Index Up 2.8%Image source: phive2015/www.istockphoto.com

VRAJ IRON & STEEL LTD. share price has zoomed 6% and is presently trading at Rs 279.2.

Meanwhile, the BSE METAL index is at 33,073.0 (up 2.8%).

Among the top gainers in the BSE METAL index today are Tata Steel (up 4.6%) and NMDC (up 4.2%).

Over the last one year, VRAJ IRON & STEEL LTD. has moved up from Rs 0.0 to Rs 279.2, registering a gain of Rs 279.2 .

On the other hand, the BSE METAL index has moved up from 22,980.9 to 33,073.0, registering a gain of 43.9% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 103.5%), Coal India (up 77.2%) and Hindustan Zinc (up 61.1%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 85,024.7 (up 0.1%).

The top gainers among the BSE Sensex today are Tata Steel (up 4.6%) and Power Grid Corp. (up 2.7%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,972.3 (up 0.1%). Tata Steel and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,800.8 to 85,024.7, registering a gain of 18,223.8 points (up 27.3%).

VRAJ IRON & STEEL LTD. Financial Update...

VRAJ IRON & STEEL LTD. net profit fell {profitpercent} YoY to Rs 148 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 1,146 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2023, VRAJ IRON & STEEL LTD. reported 88.1% increase in net profit to Rs 540 million compared to net profit of Rs 287 million during FY22. Revenue of the company grew 24.5% to Rs 5,157 million during FY23.

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