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VRAJ IRON & STEEL LTD. Gains 9%; BSE METAL Index Up 0.0%
Tue, 10 Sep 9:28

VRAJ IRON & STEEL LTD. Gains 9%; BSE METAL Index Up 0.0%Image source: Ivcandy/www.istockphoto.com

VRAJ IRON & STEEL LTD. share price has zoomed 9% and is presently trading at Rs 230.0.

Meanwhile, the BSE METAL index is at 31,095.0 .

Among the top gainers in the BSE METAL index today are Hindustan Zinc (up 1.7%) and APOLLO TUBES (up 1.5%).

Vedanta (down 4.8%) and JSW Steel are among the top losers today.

Over the last one year, VRAJ IRON & STEEL LTD. has moved up from Rs 0.0 to Rs 230.0, registering a gain of Rs 230.0 .

On the other hand, the BSE METAL index has moved up from 23,127.8 to 31,095.0, registering a gain of 34.4% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Coal India (up 90.4%), Vedanta (up 81.6%) and Hindustan Zinc (up 51.9%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,691.1 (up 0.2%).

The top gainers among the BSE Sensex today are Power Grid Corp. (up 1.4%) and Bharti Airtel (up 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 25,007.0 (up 0.3%). Power Grid Corp. and Divis Laboratories are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,880.5 to 81,691.1, registering a gain of 15,810.6 points (up 24.0%).

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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